Market Overview

Enterprise Awarded Multi-Year Contract by ExxonMobil Subsidiary

Enterprise Products Partners (NYSE: EPD) today announced that its
wholly owned affiliate, Enterprise Marine Services LLC, has entered into
a multi-year contract with SeaRiver, Inc. to provide the ExxonMobil
subsidiary with transportation services. Under the terms of the
agreement, which took effect January 1, 2013, Enterprise is committing
five tugs and 10 barges for the transportation of refined products and
other hydrocarbon products along the nation's inland waterway system.

“We are very pleased to execute this long-term agreement with SeaRiver,
one of the largest consumers of marine transportation services in the
energy industry,” said Gerald R. “Jerry” Cardillo, president of
Enterprise Marine Services LLC. “We believe our selection as one of
SeaRiver's preferred vendors reflects

See full press release

Posted-In: News Guidance Contracts Asset Sales Management

 

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