"Fairway – Pierce Junction Crude Oil Storage Facility – Texas - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Fairway Energy Partners, LLC (Fairway), backed by Haddington Ventures LLC is planning to construct a crude oil storage facility in Houston, Texas, the US.
The project involves the construction of a crude oil storage facility in two phases.
The first phase includes the construction of three crude oil segregations units having a total capacity of approximately 11 million barrels, and brine ponds having a capacity of 10 million barrels, a central pumping stations and related facilities.
It also includes two bi-directional 0.6m diameter pipelines intended to connect the facility to the existing Houston area, a 33.7Km pipeline traversing across the Houston area to connect the Genoa Junction and Speed Junction hub, and the installation of metering systems, safety valves, pumps and related equipment and machinery.
The second phase includes the construction of two three crude oil segregations units having a total capacity of approximately 9 million barrels, brine ponds having a capacity of 10 million barrels, and up to 4 million barrels of surface tanks.
In July 2015, Fairway reached a deal with FBR & Co., to the first leg of the Pierce Junction storage facility.
In November 2015, Wood Group was appointed as Engineering Design Consultant.
Construction works on first phase commenced in 2015 and started its commercial operations with completion in April 2017.
Planning activities on second phase are underway and construction is expected to commence in second half of 2017.
The project involves the construction of a crude oil storage facility in Houston, Texas, the US.
The US$600 million project includes the following:
1. Construction of segregations units
2. Construction of brine ponds
3. Construction of central pumping stations
4. Laying of pipelines
5. Installation of metering systems
6. Installation of safety valves
7. Installation of pumps
8. Installation of related equipment and machinery