Examples of Odyssey Pipeline in a sentence
The acquired pipeline interests include a 28% interest in Poseidon Oil Pipeline Company, L.L.C. (or “Poseidon”), a 100% interest in Marathon Offshore Pipeline, LLC (subsequently re-named GEL Offshore Pipeline, LLC, or “GOPL”) and a 29% interest in Odyssey Pipeline L.L.C. (or “Odyssey”).
Since January 1, 2017, the Mars Pipeline (as to the portion that is upstream of BM4 and is not subject to regulation by the FERC and by any state public utility commission) and the Odyssey Pipeline have not been subject to the jurisdiction of, or regulation by, the FERC under the Interstate Commerce Act and were operated by SPLC in compliance with the nondiscriminatory open access transportation requirements under the Outer Continental Shelf Lands Act, as amended (“OCSLA”).
Odyssey Pipeline LLC (the Company) is a Delaware Limited Liability Company formed in 1997 to design, construct, own, and operate an approximately 106-mile pipeline system for the transportation of crude oil in offshore eastern Gulf of Mexico to markets in Louisiana in accordance with various purchase and sale contracts with producers served by the pipeline.
Since January 1, 2017, the Mars Pipeline (as to the portion that is upstream of BM4 and is not subject to regulation by the FERC and by any state public utility commission) and the Odyssey Pipeline have not been subject to the jurisdiction of, or regulation by, the FERC under the Interstate Commerce Act and were operated by SPLC in compliance with the nondiscriminatory open access transportation requirements under the Outer Continental Shelf Lands Act, as amended (“ OCSLA ”).
Mr. Judson Mitchell of 927 Destiny stated that the issues regarding the subdivision were initially presented to the Village two years ago.
Included in the transaction are the Company’s 28 percent interest in Poseidon Oil Pipeline Company, L.L.C., 29 percent interest in Odyssey Pipeline L.L.C., 23 percent interest in the Eugene Island Pipeline System, and certain other oil pipeline interests.
Since January 1, 2017, the Mars Pipeline (as to the portion that is upstream of BM4 and is not subject to regulation by the FERC and by any state public utility commission) and the Odyssey Pipeline have not been subject to the jurisdiction of, or regulation by, the FERC under the Interstate Commerce Act and were operated by SPLC in compliance with the nondiscriminatory open access transportation requirements under the Outer Continental Shelf Lands Act, as amended (“ OCSLA”).
Odyssey Pipeline L.L.C. JV – LLC Delaware NA Membership Interests Membership Interests None Credit Agreement Schedule 3.18(a)-5 Legal Name Type of Entity Jurisdiction of Organization Restricted or Unrestricted Subsidiary Class and Number Equity Interests Authorized Class and Number Equity Interests Outstanding Shares Covered by Outstanding Options, Warrants, Rights of Conversion, etc.
In the United States, Shell Midstream Partners, L.P. acquired a 49% interest in Odyssey Pipeline L.L.C. and an additional 20% interest in Mars Oil Pipeline for $350 million.
Entry into a Material Definitive Agreement On October 28, 2011, Genesis Energy, L.P. (“Genesis”) entered into three definitive agreements to acquire from Marathon Oil Company (“Marathon Oil”) interests in several Gulf of Mexico crude oil pipeline systems, including its 28% interest in Poseidon Oil Pipeline Company, L.L.C., its 29% interest in Odyssey Pipeline L.L.C, and its 23% interest in the Eugene Island Pipeline System.