The 181km-long, upcoming Bluewater Oil Project will be operated by Phillips 66. According to GlobalData, who tracks more than 8,000 active and developing pipelines worldwide, the onshore, shallow water oil pipeline, with a maximum diameter of 30 inches, will start in Texas (the US) and ends in Gulf Of Mexico (the US). Buy the profile here.
The Bluewater Oil Project is expected to commence operations in 2024 and will be owned by Phillips 66 and Trafigura Group.
The Bluewater Oil Project is associated with the 1368km Gray Oak.
During the period 2021-2025, the Bluewater Oil Project is expected to witness an estimated capex of $520.11m.
About Phillips 66
Phillips 66 (Phillips 66) is an integrated energy company. The company processes, transports, stores and markets natural gas and petroleum products. Its key products include gasoline, diesel, aviation fuel and lubricants. It also transports, fractionates and markets natural gas liquids (NGLs). The company processes crude oil and other feedstock at its refineries and sells in the US and Europe. In addition, Phillips 66 manufactures petrochemicals and plastics. It also manufactures and markets specialty lubricants under the Phillips 66, Kendall and Red Line brands. The company has presence in the US, Europe, Asia, the Middle East, and Africa. Phillips 66 is headquartered in Houston, Texas, the US.
For more details on the Bluewater Oil Project oil pipeline, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
