Item 8.01 Other Events.
On October 22, 2021, Shell Pipeline Company, L.P., the operator of the Mars
pipeline, in which BP Midstream Partners LP ("BPMP" or the "Partnership") owns a
28.5% interest, issued the following update relevant to BPMP:
"Shell Midstream Partners, L.P. (NYSE:SHLX) ("Shell Midstream Partners" or the
"Partnership") and Shell Pipeline Company LP ("SPLC") announced today that they
now expect the West Delta-143 ("WD-143") offshore facilities to be operational
in the first half of November. Once WD-143 is operational, the Mars Oil Pipeline
expects to resume normal operations as producers ramp up production."
BPMP will make additional public disclosures when appropriate to do so.
Certain statements contained in this Form 8-K constitute "forward-looking
statements" within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements include, among other things, statements concerning
management's expectations, beliefs, estimates, forecasts, projections and
assumptions. You can identify our forward-looking statements by words such as
"anticipate," "believe," "estimate," "budget," "continue," "potential,"
"guidance," "effort," "expect," "forecast," "goals," "objectives," "outlook,"
"intend," "plan," "predict," "project," "seek," "target," "begin," "could,"
"may," "should" or "would" or other similar expressions that convey the
uncertainty of future events or outcomes. In accordance with "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995, these
statements are accompanied by cautionary language identifying important factors,
though not necessarily all such factors, which could cause future outcomes to
differ materially from those set forth in forward-looking statements. In
particular, expressed or implied statements concerning future growth, future
actions, the continued effects of the global COVID-19 pandemic on demand, the
effects of the continued volatility of commodity prices and the related
macroeconomic and political environment, volumes, capital requirements,
conditions or events, future operating results or the ability to generate sales,
the potential exposure of the Partnership to market risks, and statements
relating to the expected amount of cash available for distribution and level of
distributions, financial position, estimated revenues and losses, projected
cost, prospects, plans and objectives of management are forward-looking
statements. These forward-looking statements represent BPMP's expectations or
beliefs concerning future events, and it is possible that the results described
in this news release will not be achieved. These forward-looking statements are
subject to risks, uncertainties and other factors, many of which are outside of
BPMP's control including the effects of storms and hurricanes including
Hurricane Ida. Other factors and uncertainties inherent in our business, as
discussed in the "Cautionary Note Regarding Forward-Looking Statements," "Risk
Factors" and other cautionary statements found in BPMP's filings with the SEC,
including the annual report on Form 10-K for the year ended December 31, 2020
filed with SEC on February 25, 2021 and the quarterly report on Form 10-Q for
the period ended June 30, 2021 filed with SEC on August 5, 2021.
Any forward-looking statement speaks only as of the date on which it is made,
and, except as required by law, BPMP does not undertake any obligation to update
or revise any forward-looking statement, whether as a result of new information,
future events or otherwise. New factors emerge from time to time, and it is not
possible for BPMP to predict all such factors.
Item 9.01 Financial Statements and Exhibits.
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