ExxonMobil acquires a 40% share in Enterprise's Bahia NGL pipeline, aiming to expand capacity from 600,000 b/d to 1 million b/d by 2027. The pipeline will transport NGLs from the Midland and Delaware basins to Mont Belvieu. ExxonMobil will invest approximately $650 million and will also construct a 92-mile extension to its Cowboy natural gas processing plant.
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