Navitas Midstream Partners

Enterprise Buys Natural Gas-Heavy Navitas as Entry Point in ‘Attractive’ Permian Midland

Enterprise Buys Natural Gas-Heavy Navitas as Entry Point in ‘Attractive’ Permian Midland

Houston’s Enterprise Products Partners LP has agreed to acquire Navitas Midstream Partners LLC for $3.25 billion, giving the giant partnership an entry point in the Permian Basin of West Texas and an additional 1 Bcf/d of natural gas processing capacity. The agreement to acquire Navitas, headquartered north of Houston in The Woodlands, could be completed…

January 11, 2022