Fairway Energy Partners, LLC awards Wood Group engineering contract for Houston crude oil storage facility
OREANDA-NEWS. Wood Group has been awarded a contract by Fairway Energy Partners, LLC (Fairway) to provide engineering, design and procurement services for the Pierce Junction Crude Oil Storage facility to be built in the Pierce Junction salt dome in south Houston. Wood Group Mustang is providing these services to Fairway as they build out the surface facilities that support the crude oil storage facility.
The initial phase of the project has been designed to allow for storage of three segregations of crude oil, for a total capacity of approximately 10 million barrels, in existing caverns at the site. Overall, Fairway has expansion rights up to a total of approximately 20 million barrels at Pierce Junction.
“Wood Group Mustang’s solution starts with a proven design that is modified to meet Fairway’s needs. By leveraging similar designs we’re able to provide an accelerated, cost-effective project that will help Fairway to meet its year-end 2016 in-service schedule for this underground storage facility,” stated Michele McNichol, CEO of Wood Group Mustang.
Wood Group is an international energy services company with over $7bn sales and operating in more than 50 countries. The Group is built on Core Values and has three businesses – Wood Group PSN, Wood Group Kenny and Wood Group Mustang – providing a range of engineering, production support and maintenance management services to the oil & gas, and power generation industries worldwide.
Wood Group Mustang provides award-winning services to the global energy industry. From concept to completion, Wood Group Mustang delivers project management, construction management, engineering and procurement services to the offshore, onshore, oil sands, pipeline, refining, chemicals, industrial and automation sectors, operating in countries throughout Africa, Asia, Europe, the Middle East, Latin America and North America.
Fairway Energy Partners, LLC is a growth oriented crude oil storage company focusing on constructing and placing into service the Pierce Junction Crude Oil Storage facility. Headquartered in Houston, the company is strategically positioned as the only independent salt dome crude oil storage terminal in the greater Houston market area.
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