Akin Gump Advises Shell Midstream Partners in Pipeline Acquisition
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(Houston) – Shell Midstream Partners, L.P. announced it has agreed to acquire from Shell an additional 20 percent equity interest in Mars Oil Pipeline Company (Mars) and a 49 percent equity interest in Odyssey Pipeline L.L.C. (Odyssey) for $350 million. Akin Gump advised the conflicts committee of the board of directors of the general partner of Shell Midstream Partners in the matter, which is expected to close on October 3.
John Goodgame, a partner in Akin Gump’s oil and gas practice, led the team advising the conflicts committee. He was joined by oil and gas senior counsel Rebecca Tyler, tax partner Alison Chen and oil and gas associate Michelle Zavislan.
Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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