Page 13 - NorthAmOil Week 47

NorthAmOil
NEWS IN BRIEF
NorthAmOil
Seaway to begin open season
Seaway Crude Pipeline Company today announced a binding open season for committed service on expansion capacity of its existing system originating in Cushing, Oklahoma and extending to the Texas Gulf Coast.
The cost-efficient expansion would debottleneck and optimize the system, principally through pump upgrades. The expansion could provide an incremental 200,000 barrels per day (bpd), or more, of light crude capacity and include further quality enhancements in the segregation of heavy and light crude shipments. Further expansion is possible, depending on customer demand.
Up to 100,000 bpd of initial light crude expansion capacity could be available beginning in the second half of 2020, with the expansion fully in service in 2022. The final capacity for committed and uncommitted service would be determined during the
open season. Seaway is offering a competitive fee schedule, starting at $0.99 per barrel for light crude oil pipeline transportation from Cushing.
Fees will vary depending on volume, destination, and term. Seaway features access to a fully integrated midstream network
of pipelines, storage facilities, and export terminals along the Gulf Coast and provides connectivity to every refinery in Houston, Freeport, Texas City, and Beaumont/Port Arthur.
The open season begins at 9 a.m. CST on December 16, 2019 and continues until 5 p.m. CST on February 14, 2020. Additional details, including the open season terms and the required transportation services agreement form, will be distributed
to potential shippers who execute a confidentiality agreement.
SEAWAY CRUDE PIPELINE COMPANY, November 25, 2019
DOWNSTREAM
Clough receives full notice to proceed on petrochemical project in the United States
Clough, a global engineering and construction company, has received full notice to proceed (NTP) on the engineering, procurement, construction, commissioning (EPCC) and start-up contract for a petrochemical facility located in the Pasadena industrial complex, Texas.
The US$620 million project signifies Clough’s first major contract award following the February 2019 acquisition of a reputable EPC business in the United States and underscores the successful establishment of Clough in North America.
Once completed, the project will deliver a 28,000 bpd alkylate facility consisting
of a new ethylene dimerization unit and a new alkylation unit to produce high octane alkylate for sale into the gasoline blending market.
“We are extremely proud to be part of this exciting project” states Peter Bennett, Clough CEO and managing director. “This project marks our first major award for our newly established US office and underlines our position as a trusted EPCC partner in the Gulf Coast and greater North American markets. This project compliments our ability to take a project from the front-end engineering phase through to plant start-up. Our locally based team of engineering, project management, construction and commissioning experts bring innovative project delivery solutions
to the energy and infrastructure markets,
all backed by a 100-year global history that reinforces our ability to deliver safe and efficient operations while maximising project value.”
CLOUGH, November 22, 2019
SERVICES
Keystone Clearwater
Solutions to be acquired by
SC Water
SC Water a Pennsylvania-based natural gas and oil industry investment group, has signed a membership interest purchase agreement to acquire Keystone Clearwater Solutions from American Water Works Company. The acquisition of Keystone Clearwater Solutions, a specialised water management firm serving the Appalachian Basin’s natural gas and oil industry, is expected close by the end of 2019.
As part of the transaction, Keystone Clearwater Solutions will form a strategic partnership with Hydro Recovery, a water treatment, recycling and transportation company. The strategic partnership – with Hydro Recovery having common ownership with SC Water – will create an industry- leading portfolio of water-related and environmental solution services for natural gas and oil companies operating across the Appalachian Basin.
“This transaction and strategic partnership between Keystone Clearwater Solutions
and Hydro Recovery will return Keystone
to a natural gas and oil industry focused ownership group while enhancing our combined companies’ abilities to provide the critical services demanded by the industry,” said Keystone President and CEO Dan Dalton. “We look forward to continuing to provide our customers with superior service and are excited about our ability to bring an expanded portfolio of tailored water solutions to meet and exceed their evolving needs.”
“This partnership reflects Hydro Recovery’s commitment to providing our natural gas and oil industry customers with a deep portfolio of water solution services that meet their unique needs,” said Hydro Recovery CEO Thomas Stabley. “Hydro Recovery is ideally positioned to operate and continue to grow alongside Keystone Clearwater Solutions. I look
forward to working with the Keystone team to continue to build our competitive advantage focused on first-rate customer service.”
SC WATER, November 21, 2019
Goodnight Midstream
announces expansion of
Eagle Ford shale operations
Goodnight Midstream, a leading oilfield water midstream company, today announced
Week 47 27•November•2019
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