THE NEW KID ON THE BLOCK

Why three former Oiltanking colleagues decided to launch Tivoli Midstream during a global pandemic. IN JULY 2020, three former Oiltanking colleagues and industry veterans announced that they had set up a new midstream, logistics and services company, Tivoli Midstream. Rance Fromme, Rick Adams and William Brod have over 70 years of experience between them, and decided the time was right to go it alone. ‘The idea of Tivoli started with casual conversations about trying to take advantage of opportunities in the market leveraging our vast experience in the midstream space. These conversations led to more conversations and before we knew it, we were looking to start up our own company. With respect to the name Tivoli, it is a great little town in Italy known from my time living in Europe that has some unique waterfalls, which is represented by the blue “M” in our logo,’ says Fromme. While it might seem surprising that they decided to launch the company in the middle of a global pandemic, the three decided it was as good a time as any. ‘Prior to COVID-19, we saw many midstream opportunities in the market. COVID-19 caused significant demand destruction, but we see the...