BW Group, Very Large Crude Carriers

Consortium submits application for deepwater port project off of Freeport, Texas

Texas Colt—a proposed joint venture of Enbridge Inc., Kinder Morgan Inc., and Oiltanking—has submitted an application with the US Maritime Administration to construct and operate a deepwater crude oil export port offshore Freeport, Tex.

The project, with an expected in-service date of 2022, includes an offshore platform and two offshore loading single point mooring buoys capable of fully loading a 2 million-bbl very large crude carrier in about 24 hr. The offshore facilities will be connected via a 42-in. pipeline to an onshore tank farm that will have as much as 15 million bbl of storage capacity.