Enterprise acquires 'entry point' to key US shale basin

The $3.25 billion deal gives Enterprise Products Partners strong presence in the Permian basin

Expanded presence: Enterprise Products Partners strengthens its position in a key part of the Permian basin in its $3.25 billion acquisition of Navitas Midstream — Expanded presence: Enterprise Products Partners strengthens its position in a key part of the Permian basin in its $3.25 billion acquisition of Navitas MidstreamPhoto: REUTERS

Mark Passwaters

Houston

Navitas Midstream USA Texas Enterprise Products Partners Americas

Published 10 January 2022, 20:00Updated 10 January 2022, 23:10