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Gulfstream Natural Gas System LLC Awards Contracts for $50.8 Million Phase V Pipeline Expansion Project

Gulfstream Natural Gas System LLC (Gulfstream) (Tampa, Florida), a 50:50 joint venture of Spectra Energy Corporation (NYSE: SE) (Houston, Texas) and Williams Companies Incorporated (NYSE:WMB)...

Released Friday, February 19, 2010

Gulfstream Natural Gas System LLC Awards Contracts for $50.8 Million Phase V Pipeline Expansion Project

Researched by Industrial Info Resources (Sugar Land, Texas)--Gulfstream Natural Gas System LLC (Gulfstream) (Tampa, Florida), a 50:50 joint venture of Spectra Energy Corporation (NYSE:SE) (Houston, Texas) and Williams Companies Incorporated (NYSE:WMB) (Tulsa, Oklahoma), has awarded Alliance Wood Group Engineering LP (Houston) the engineering, design and support services contract for Gulfstream's Phase V pipeline expansion. The contract is for the expansion of the natural gas compressor station 420, located near Palmetto, Florida, in Manatee County. Gulfstream plans to increase its pipeline throughput to enable it to deliver an additional 35 million cubic feet per day (MMcf/d) to Hines electric generation station, located in Polk County, Florida, and owned by Progress Energy Florida Incorporated for a firm service term of 25 years.

Gulfstream plans to construct a new building and install a new 20,500-horsepower solar titan T-130 turbine-driven compressor package. In addition, Gulfstream intends to install two new scrubber units, additional gas coolers and piping upgrades, and will replace the impellers on the two existing Solar Mars T-100S turbine compressor packages that were installed as a part of Gulfstream's Phase IV expansion, which was put in service on January 1, 2009. Gulfstream plans to begin construction activities on its $50.8 million Phase V pipeline expansion in May or June of 2010, with a completion and in-service date targeted for April 1, 2011, before the summer cooling season.

Industrial Info is currently tracking 102 compressor-station-related projects in North America with a total value of $2.66 billion and an average project value of $26 million. The lower 48 states with the most planned activity are Florida, Louisiana and Pennsylvania. These future projects involve the addition of 216 compressor units to new or existing compressor stations and have a combined total of 2,917,201 horsepower. These units run a wide range, from the large 60,000-horsepower LM6000 units manufactured by General Electric Company (NYSE:GE) (Fairfield, Connecticut) to the 1,800-horsepower G-3606 units manufactured by Caterpillar (NYSE:CAT)Incorporated (Peoria, Illinois).

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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 spending opportunity databases, market forecasts, high resolution maps, and daily industry news.
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