Bracewell & Giuliani LLP represented UNOCAL, a member of the Chevron Group, with the sale of the Beaumont Terminal located in the U.S. Gulf Coast, to Phillips66, an energy manufacturing and logistics company. The major crude oil and refined products terminal has a 7.1 million-barrel storage capacity.
The transaction is expected to close in the third quarter of 2014.
Bracewell attorneys involved in the transaction include:
Partners: Gray H. Muzzy, Daniel E. Hemli, and Tim Wilkins
Associates: J. Lytch Tornow