Petroleum Refining Projects Proliferate in $10 Billion of Industrial Project Activity in Jefferson County, Texas

---

Researched by Industrial Info Resources (Sugar Land, Texas)--In southeast Texas, in the heart of oil and gas country, is Jefferson County, consistently one of the counties with the most industrial project activity in the U.S. Currently, the county is hosting 155 active industrial projects totaling $10.3 billion. Eighty of these projects, totaling $4.4 billion and accounting for about 45% of the total combined value of the projects, are for projects at petroleum refineries in Beaumont and Port Arthur, Texas. Clark Refining & Marketing Incorporated, Jefferson Refinery LLC (The Woodlands, Texas), ExxonMobil (NYSE:XOM) (Irving, Texas), Motiva Enterprises LLC (Houston, Texas) and Valero Energy Corporation (NYSE:VLO) (San Antonio, Texas), are all companies with operational refineries in the area.

Click on the image at right to see a breakdown of industrial project activity in Jefferson County, Texas.

Hands down the largest project in the county is Motiva's $7 billion Crude Expansion Project (CEP). Structural erection of the $450 million combined hydrocracker/hydrotreater unit addition portion of the CEP began in April 2009. The Houston office of Jacobs Engineering Group Incorporated (NYSE:JEC) (Pasadena, California) is providing engineering and procurement services, and Bechtel Group Incorporated (Houston, Texas) is providing construction management services for the project. Completion is not expected until 2012.

After the Petroleum Refining Industry, Oil & Gas Terminals, Alternative Fuels, Chemical Processing and Oil & Gas Transmission all have significant activity ongoing in the county. The $900 million first phase of the Golden Pass LNG Terminal in Sabine Pass is expected to begin operating about mid-year 2010. The LNG-receiving terminal is jointly owned by Qatar Petroleum (70%), ExxonMobil (17.6%) and ConocoPhillips (NYSE:COP) (Houston) (12.4%). Construction, which began in 2006, was delayed after damage was sustained at the project from Hurricane Ike last year. Chicago Bridge & Iron Company (NYSE:CBI) (The Woodlands) is providing engineering, procurement and construction management on the project.

View Project Report - 01010485 01009513

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy related markets. For more than 26 years, Industrial Info has provided plant and project opportunity databases, market forecasts, high resolution maps, and daily industry news.