Phillips 66

Phillips and Trafigura JV expected to load VLCCs. The project is in the permitting stage with an FID expected this year.

The transaction is expected to close in March. The Liberty Pipeline runs 700 miles between Cushing, Oklahoma and Guernsey, Wyoming.

Phillips 66 and partners in two separate joint ventures are building the Red Oak and the Liberty pipeline systems to deliver a total of approximately 750,000 BOPD to the US Gulf Coast with startup of service in early 2021.

The need to optimize tank turnaround schedules is as great as it has ever been within the midstream sector, but traditional human-based tank inspections often cut into uptime while introducing safety risks. New robotic applications aim to alleviate these issues.