Enterprise to Provide Marine Transportation Services for ExxonMobil Subsidiary under Multi-Year Deal

  Enterprise to Provide Marine Transportation Services for ExxonMobil
  Subsidiary under Multi-Year Deal

Business Wire

HOUSTON -- January 15, 2013

Enterprise Products Partners L.P. (NYSE: EPD) today announced that its wholly
owned affiliate, Enterprise Marine Services LLC, has entered into a multi-year
contract with SeaRiver, Inc. to provide the ExxonMobil subsidiary with
transportation services. Under the terms of the agreement, which took effect
January 1, 2013, Enterprise is committing five tugs and 10 barges for the
transportation of refined products and other hydrocarbon products along the
nation’s inland waterway system.

“We are very pleased to execute this long-term agreement with SeaRiver, one of
the largest consumers of marine transportation services in the energy
industry,” said Gerald R. “Jerry” Cardillo, president of Enterprise Marine
Services LLC. “We believe our selection as one of SeaRiver’s preferred vendors
reflects our quality fleet, operational reliability and experienced personnel.
We believe the agreement is also an acknowledgement of Enterprise Marine’s
‘best in the industry’ financial strength based on our affiliation with
Enterprise Products Partners, one of the largest publicly traded partnerships,
with an enterprise value of $62 billion and investment-grade debt ratings.”

Enterprise Marine Services owns and operates approximately 200 vessels that
transport petroleum and petrochemical products throughout the nation’s network
of inland waterways, as well as the Gulf of Mexico. Its fleet of double-hulled
barges is among the youngest in the industry and meets or exceeds federal
requirements for safety. Reflecting Enteprise’s commitment to growing its
Marine Services business, Enterprise’s 64^th tug, the Dan L, named after
founder Dan Duncan, was placed into service in 2012. Four more tugs and six
barges are under construction and expected to be completed in 2013.

Enterprise Products Partners L.P. is one of the largest publicly traded
partnerships and a leading North American provider of midstream energy
services to producers and consumers of natural gas, NGLs, crude oil, refined
products and petrochemicals. The partnership’s assets include approximately
50,700 miles of onshore and offshore pipelines; 190 million barrels of storage
capacity for NGLs, petrochemicals, refined products and crude oil; and 14
billion cubic feet of natural gas storage capacity. Services include: natural
gas gathering, treating, processing, transportation and storage; NGL
transportation, fractionation, storage, and import and export terminals; crude
oil and refined products transportation, storage and terminals; offshore
production platforms; petrochemical transportation and services; and a marine
transportation business that operates primarily on the United States inland
and Intracoastal Waterway systems and in the Gulf of Mexico. Additional
information about Enterprise is available online at
www.enterpriseproducts.com.

This press release includes “forward-looking statements” as defined by the
Securities and Exchange Commission. All statements, other than statements of
historical fact, included herein that address activities, events, developments
or transactions that Enterprise expects, believes or anticipates will or may
occur in the future, including anticipated benefits and other aspects of such
activities, events, developments or transactions, are forward-looking
statements. These forward-looking statements are subject to risks and
uncertainties that may cause actual results to differ materially, including
required approvals by regulatory agencies, the possibility that the
anticipated benefits from such activities, events, developments or
transactions cannot be fully realized, the possibility that costs or
difficulties related thereto will be greater than expected, the impact of
competition and other risk factors included in the reports filed with the
Securities and Exchange Commission by Enterprise. Readers are cautioned not to
place undue reliance on these forward-looking statements, which speak only as
of their dates. Except as required by law, Enterprise does not intend to
update or revise its forward-looking statements, whether as a result of new
information, future events or otherwise.

Contact:

Enterprise Products Partners L.P.
Randy Burkhalter, 713-381-6812 or 866-230-0745
Investor Relations
or
Rick Rainey, 713-381-3635
Media Relations