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Released December 01, 2017 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Fluor Corporation (NYSE:FLR) (Irving, Texas) announced it has achieved mechanical completion on three sweet natural gas plants for the Cutbank Ridge Partnership program in Dawson Creek, British Columbia. Fluor has been involved since the program's initial phases and provided engineering, procurement and construction (EPC) services, according to a company press release. Industrial Info is tracking $28.75 billion in active projects in Canada involving Fluor, including more than $10.6 billion worth that are under construction.
The plants are located in the Montney Formation's Sunrise, Tower and Saturn fields. Fluor said the projects were completed weeks ahead of schedule and about 10% under budget. Encana Corporation (NYSE:ECA) (Calgary, Alberta) is operating the three plants on behalf of Veresen Midstream (Calgary), a joint venture between Veresen Incorporated (TSX:VSN) (Calgary) and affiliates of Kohlberg Kravis Roberts & Company LP, on a contracted basis.
The $860 million mechanical refrigeration plant in the Sunrise Field comprises two trains, each with a capacity of 200 million standard cubic feet per day of sweet natural gas and 20,000 barrels per day (BBL/d) of natural gas liquids (NGL) and condensate; the $715 million shallow-cut refrigeration plant in the Tower Field comprises a single train with the same capacities. Both wrapped up construction in the third quarter. For more information, see Industrial Info's project report on the Sunrise and Tower plants.
Only the $700 million expansion of a mechanical-refrigeration processing plant at the Saturn complex remains under construction, as one of its two trains has not been fully completed. The project comprises two low-temperature separation propane refrigeration trains, each with a capacity of 200 million standard cubic feet per day from the Saturn field, bringing the site's total plant capacity to 800 million standard cubic feet per day. The second train is set to be completed early next year. For more information, see Industrial Info's project report.
Sweet gas is natural gas that does not contain hydrogen sulfide or significant quantities of carbon dioxide, according to Schlumberger.
Fluor also is wrapping up construction on North West Redwater (NWR) Partnership's NWR Sturgeon Refinery project in Redwater, Alberta, which includes a $1 billion carbon capture and storage project that will reduce emissions by about 3,500 tons per day for each of three targeted phases. It will be the world's first refinery to capture CO2 emissions from the start, making its barrels 7% less carbon intensive than the average crude, according to Canada's Financial Post. NWR Partnership is a 50:50 joint venture between Canadian Natural Resources Limited (CNR) (NYSE:CNQ) (Fort McMurray, Alberta) and North West Refining (Calgary).
The NWR Sturgeon project also includes a $1 billion hydrocracker unit with the capacity to convert low-value gas oils to 50,000 BBL/d of product; a $1 billion gas-oil hydrotreater/VGO hydrocracker combo unit that will integrate a 32,000-BBL/d distillate diesel hydrotreater and a 20,000-BBL/d hydrocracker to produce a synthetic crude-oil blend; a $400 million crude and vacuum unit to process almost 52,000 BBL/d of bitumen and more than 25,000 BBL/d of other crudes; and a $300 million diluent recovery unit. For more information, see Industrial Info's project reports on the carbon capture, hydrocracker, combo, crude and vacuum, and diluent recovery units.
The largest project in Canada involving Fluor began production earlier this week: Exxon Mobil Corporation's (NYSE:XOM) (Irving, Texas) $6 billion-plus Hebron Offshore Crude Oil Production Platform in the Labrador Sea. For more information, see Industrial Info's project reports on Hebron's topsides and subsea development, and November 29, 2017, article - Exxon Begins Production at Canada's Hebron Offshore Field.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
The plants are located in the Montney Formation's Sunrise, Tower and Saturn fields. Fluor said the projects were completed weeks ahead of schedule and about 10% under budget. Encana Corporation (NYSE:ECA) (Calgary, Alberta) is operating the three plants on behalf of Veresen Midstream (Calgary), a joint venture between Veresen Incorporated (TSX:VSN) (Calgary) and affiliates of Kohlberg Kravis Roberts & Company LP, on a contracted basis.
The $860 million mechanical refrigeration plant in the Sunrise Field comprises two trains, each with a capacity of 200 million standard cubic feet per day of sweet natural gas and 20,000 barrels per day (BBL/d) of natural gas liquids (NGL) and condensate; the $715 million shallow-cut refrigeration plant in the Tower Field comprises a single train with the same capacities. Both wrapped up construction in the third quarter. For more information, see Industrial Info's project report on the Sunrise and Tower plants.
Only the $700 million expansion of a mechanical-refrigeration processing plant at the Saturn complex remains under construction, as one of its two trains has not been fully completed. The project comprises two low-temperature separation propane refrigeration trains, each with a capacity of 200 million standard cubic feet per day from the Saturn field, bringing the site's total plant capacity to 800 million standard cubic feet per day. The second train is set to be completed early next year. For more information, see Industrial Info's project report.
Sweet gas is natural gas that does not contain hydrogen sulfide or significant quantities of carbon dioxide, according to Schlumberger.
Fluor also is wrapping up construction on North West Redwater (NWR) Partnership's NWR Sturgeon Refinery project in Redwater, Alberta, which includes a $1 billion carbon capture and storage project that will reduce emissions by about 3,500 tons per day for each of three targeted phases. It will be the world's first refinery to capture CO2 emissions from the start, making its barrels 7% less carbon intensive than the average crude, according to Canada's Financial Post. NWR Partnership is a 50:50 joint venture between Canadian Natural Resources Limited (CNR) (NYSE:CNQ) (Fort McMurray, Alberta) and North West Refining (Calgary).
The NWR Sturgeon project also includes a $1 billion hydrocracker unit with the capacity to convert low-value gas oils to 50,000 BBL/d of product; a $1 billion gas-oil hydrotreater/VGO hydrocracker combo unit that will integrate a 32,000-BBL/d distillate diesel hydrotreater and a 20,000-BBL/d hydrocracker to produce a synthetic crude-oil blend; a $400 million crude and vacuum unit to process almost 52,000 BBL/d of bitumen and more than 25,000 BBL/d of other crudes; and a $300 million diluent recovery unit. For more information, see Industrial Info's project reports on the carbon capture, hydrocracker, combo, crude and vacuum, and diluent recovery units.
The largest project in Canada involving Fluor began production earlier this week: Exxon Mobil Corporation's (NYSE:XOM) (Irving, Texas) $6 billion-plus Hebron Offshore Crude Oil Production Platform in the Labrador Sea. For more information, see Industrial Info's project reports on Hebron's topsides and subsea development, and November 29, 2017, article - Exxon Begins Production at Canada's Hebron Offshore Field.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
