Sable Offshore Planned Pipeline System Repairs Covered by Existing Permits, County Confirms

MT Newswires Live
02-14

Sable Offshore (SOC) said Thursday it received confirmation for repair work on the Las Flores Pipeline System from Santa Barbara County, California, under existing permits that were reviewed in a previous environmental impact assessment.

The county's letter from Feb. 12 states that the anomaly repair work falls within already granted permits, including a Final Development Plan, Major Conditional Use Permit, and related Coastal Development Permits, the company said.

The county's planning and development department also informed the California Coastal Commission that these repairs are covered by existing permits and no further county action is needed.

On Feb. 11, the US Department of Transportation's Pipeline and Hazardous Materials Safety Administration notified the California Office of the State Fire Marshal that it does not object to the enhanced integrity standards for the pipeline, according to the company.

The OSFM's decision, dated Dec. 17, grants state waivers on certain cathodic protection and seam weld corrosion regulations for the pipeline, Sabe Offshore added.

Company shares were up almost 29% in recent trading.

Price: 31.47, Change: +7.00, Percent Change: +28.61

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10