- Enbridge (NYSE:ENB) says it was selected to build and operate a crude oil pipeline that will connect the planned Stampede deepwater project to an existing pipeline system.
- ENB says the new pipeline will be built in the Gulf of Mexico for ~$130M and begin operations in 2018.
- Hess (HES), which plans to drill as many as six production wells in the Stampede area starting early this year, owns Stampede alongside partners Statoil, Nexen and Chevron.