Sable Offshore's (SOC) Pacific Pipeline unit said Monday it and its predecessors have maintained a cathodic protection and pressure maintenance program on the line 324/325 pipeline in California that was closed down in 2015.
Pacific Pipeline said it started the maintenance and repair program on the pipeline this year and expects to restart it by the end of this year.
The unit evacuated, cleaned, and preserved the pipeline with inert nitrogen in order to keep it free of corrosion, the company said.
Price: 23.56, Change: -0.92, Percent Change: -3.76
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.