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About SemCAMS Midstream

SemCAMS Midstream, a joint venture between SemGroup and KKR, is a midstream infrastructure platform.

SemCAMS Midstream Headquarter Location

United States

Latest SemCAMS Midstream News

K3 and KA plants officially under new ownership

Jan 5, 2021

K3 and KA plants officially under new ownership January 5, 2021   by Vicki Winger, Local Journalism Initiative Reporter, Whitecourt Press Based in Dallas, Texas, Energy Transfer acquired 51 percent of SemCams Midstream ULC and all its subsidiaries for a purchase price of just over $5-billion. With the official announcement on December 1, 2020, SemGroup ceased public trading on the New York Stock Exchange as of December 5, 2020. Last month, all pipelines, gas plants and facilities owned by SemCAMS had switched their names over to Energy Transfer LP. Energy Transfer (ET) may not be well-known here in Alberta or Canada. Its footprint is more predominant in the United States due to owning and operating one of the largest and most diverse energy assets. According to a recent media release, SemGroups facilities’ acquisition will strengthen ET’s crude oil transportation, terminalling and export capabilities and allow for a strategic position on the Houston Ship Channel. With ET having taken over the SemGroup’s oil terminal on the Houston Ship Channel, it will allow for the expansion of pipelines and terminals for exportation that much stronger. As for the Alberta assets, ET indicated “the acquisition will provide a significant natural gas gathering and processing presence in the Alberta Basin in western Canada.” The assets acquired here in Alberta are mainly situated around the Fox Creek area. They include the Windfall plant, Kaybob South (K3), Kaybob South Amalgamated (KA) plant, West Fox Creek plant, Wapiti and Patterson Creek plants. The merger also includes over 700 miles of pipeline in Alberta and the Edson Pipeline Control Centre. Energy Transfer has not released any further information about plans for its Alberta assets but did state the current focus is constructing a 75-mile crude line to provide access to further markets along the Gulf Coast.

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