ArcLight Capital Partners

ArcLight Capital Partners, the general partner of American Midstream Partners, announced that it plans to reduce its 51.7% interest in the Delta Housefloating production system by 25% for a price of USD 162 million. Delta House is located in the US Gulf of Mexico’s Mississippi Canyon and is a fee-based system connecting associated oil and gas production with pipelines. The company expects the transaction to close before the end of the year.