Philipps 66 awards S & B gas fractionation plant construction project in Texas
US multinational energy giant Philipps 66 has awarded an EPC contract to local firm S & B Engineers and Constructors for the development of two new gas fractionation plants at its site in Texas.
Part of a wider expansion project costing around $1.5bn, the work will result in a 300,000 barrel per day (BPD) expansion in capacity and is set to create 2,000 jobs during the construction phase.
James Brookshire, CEO of S & B, commented: “This contract represents the 12th fractionation plant awarded to S & B in the last five years.
“With over 1.3mn BPD of fractionation capacity successfully designed and constructed across the country, and another 900,000 BPD of capacity currently in progress, S & B continues to be the go-to contractor for NGL fractionation projects in the USA.”
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On top of the two new plants, Philipps 66 will also add storage capacity and pipeline infrastructure to support the new capacity at its Sweeny Hub in Old Ocean.
The project is expected to complete in 2020, brining total capacity up to 400,000 BPD with 15mn barrels of storage capacity. Once operational, 25 new permanent positions will be created.
Greg Garland, chairman and CEO of Phillips 66, said earlier this month when the project was announced: “The Sweeny Hub is strategically positioned to provide fractionation capacity for rapidly growing Permian Basin NGL production and access to US Gulf Coast petrochemical, fuels and LPG export markets.”
Hydrostor receives $4m funding for A-CAES facility in Canada
Hydrostor has received $4m funding to develop a 300-500MW Advanced Compressed Air Energy Storage (A-CAES) facility in Canada.
The funding will be used to complete essential engineering and planning, and enable Hydrostor to plan construction.
The project will be modeled on Hydrostor’s commercially operating Goderich storage facility, providing up to 12 hours of energy storage.
Hydrostor’s A-CAES system supports Canada’s green economic transition by designing, building, and operating emissions-free energy storage facilities, and employing people, suppliers, and technologies from the oil and gas sector.
The Honorable Seamus O’Regan, Jr. Minister of Natural Resources, said: “Investing in clean technology will lower emissions and increase our competitiveness. This is how we get to net zero by 2050.”
A-CAES has the potential to lower greenhouse gas emissions by enabling the transition to a cleaner and more flexible electricity grid. Specifically, the low-impact and cost-effective technology will reduce the use of fossil fuels and will provide reliable and bankable energy storage solutions for utilities and regulators, while integrating renewable energy for sustainable growth.
Curtis VanWalleghem, Hydrostor’s Chief Executive Officer, said: “We are grateful for the federal government’s support of our long duration energy storage solution that is critical to enabling the clean energy transition. This made-in-Canada solution, with the support of NRCan and Sustainable Development Technology Canada, is ready to be widely deployed within Canada and globally to lower electricity rates and decarbonize the electricity sector."
The Rosamond A-CAES 500MW Project is under advanced development and targeting a 2024 launch. It is designed to turn California’s growing solar and wind resources into on-demand peak capacity while allowing for closure of fossil fuel generating stations.
Hydrostor closed US$37 million (C$49 million) in growth financing in September 2019.