The 168km-long, upcoming SYNC project will be operated by Genesis Energy. According to GlobalData, who tracks more than 8,000 active and developing pipelines worldwide, the ultra-deepwater oil pipeline, with a maximum diameter of 20 inches, will start in Central Planning Area (the US) and ends in Central Planning Area (the US). Buy the profile here.
The SYNC project is expected to commence operations in 2024 and will be owned by Genesis Energy.
The SYNC project is associated with the 611km Cameron Highway Oil.
During the period 2021-2025, the SYNC project is expected to witness an estimated capex of $273.7m.
About Genesis Energy
Genesis Energy LP (Genesis) is a midstream oil and gas company. It provides services such as offshore pipeline transportation, refinery services, marine transportation, and onshore facilities and transportation. The company purchases, transports, stores, blends, and markets crude oil and refined products, including fuel oil, asphalt, and other heavy refined products. Genesis procures sodium hydrosulfide (NaHS) from various refineries and sells NaHS and sodium hydroxide (NaOH) to industrial and commercial companies. It serves refiners, crude oil, and natural gas producers, and industrial and commercial enterprises. The company’s operations are primarily in Louisiana, Florida, Arkansas, Wyoming, Mississippi, Alabama, Texas, and the Gulf of Mexico. Genesis is headquartered in Houston, Texas, the US.
For more details on the SYNC 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.
