An abundance of petroleum in the U.S. has prompted many companies in Houston’s petrochemical sector to work on projects expanding capacity, something that — in the case of Exxon Mobil Corp.’s (NYSE: XOM) petrochemical arm — will bring about 45,000 new jobs to the Gulf Coast in the next several years.But at about the same time, the existing workforce has been aging, and there aren’t as many young skilled laborers entering the industry to take their place. So in 2013, the Irving, Texas-based company funded the Community College Petrochemical Initiative, which granted scholarships to Houston-area community colleges in order to draw new talent to the industry.
Source: Exxon Mobil chemical exec: ‘We’re hiring at record levels today’ on Gulf Coast – Houston Business Journal
The Gulf Coast energy boom continues to drive a hot job market, and companies such as Fluor Corp. are positioned to design and build many of the new projects in the region. Fluor is a complete solutions provider offering engineering, procurement, fabrication and construction services EPFC.A growing resumeDan Spinks, Fluor’s Houston operations vice president and general manager, said, “Our Houston office is currently executing several large projects and we have many good prospects. We look forward to continued growth and are ready to ramp up to meet our clients’ needs and expectations.”In October, Fluor, in a joint venture, announced a new contract to provide engineering, procurement and construction services to Sasol for their petrochemical complex near Lake Charles, Louisiana.This new project will provide significant opportunities for both technical and skilled craft workers. To support this new project, Fluor is hiring construction workers in the Louisiana region, as well as professional engineers and support staff in the company’s Houston office. Fluor also is responsible for significant petrochemical projects in Texas. As part of a joint venture, the company is providing engineering, procurement and construction services for a new ethane cracker for Chevron Phillips Chemical Co. in Baytown. Additional workers are needed in the Baytown area to support the project ramp-up, with an expected peak of 3,500 craft workers hired by fall 2015.In addition, Fluor is designing and building a new expansion to Dow’s Oyster Creek complex in Freeport. The project expects to peak at 3,000 in late 2014.Other refinery projects in Texas, Louisiana and Indiana also constitute Fluor’s deep portfolio of projects in the U.S.Germany-based BASF has chosen Fluor as its engineering partner for chemicals capital projects across North America, and a number of BASF projects are under way along the Gulf Coast.
via Employer Profile: Fluor – Energy boom means job growth – Houston Chronicle.
Kinder Morgan Energy Partners LP NYSE: KMP said Oct. 14 that it will invest approximately $240 million to expand two terminals at the Houston Ship Channel.The expansion will include the construction of 2.1 million barrels of storage between the Pasadena and Galena Park terminals.It also includes building a new ship dock and infrastructure improvements at Galena Park, which will increase the terminal’s vessel load rates to up to 15,000 barrels per hour.
via Kinder Morgan Energy Partners to expand Pasadena and Galena Park terminals at Houston Ship Channel – Houston Business Journal.
Houston-based pipeline giant Enterprise Products Partners LP NYSE: EPD has bought controlling ownership of a major oil storage and terminal business in a nearly $4.6 billion deal as part of a larger acquisition process.Enterprise Products will have about 66 percent of Houston-based Oiltanking Partners LP NYSE: OILT and full ownership of its general partner from Oiltanking Holding America Inc., which is a subsidiary of Germany-based oil and gas storage provider Oiltanking GmbH.The deal includes $2.21 billion in cash, $2.2 billion in newly issued EPD units and $228 million in cash for notes receivables and interest on Oiltanking notes payable and credit facility.Enterprise CEO Michael Creel said the completed deal is the first step of a two-part process for the “merger of Oiltanking Partners into Enterprise” to help expand its liquefied petroleum gas export business near Houston. Enterprise is rapidly expanding within the Houston region.Creel said Enterprise plans to acquire the remaining publicly held partner interests in Oiltanking in a roughly $1.4 billion deal, making the two-part process a $6 billion transaction.
via Enterprise Products Partners buys control of Oiltanking Partners – Houston Business Journal.
A new report co-authored by the Greater Houston Partnership and HSBC Bank USA finds that the benefits of the shale energy revolution are poised to continue in Houston, extending far beyond just the jobs on the wellpads. The study, “Houston’s Next Boom: Exporting Innovation,” analyzes the combined impact of the surge in energy-related exports and the expected oil and gas exploration efforts in Mexico, all made possible by advances in hydraulic fracturing and horizontal drilling. This “surge” in additional economic activity is expected to bring in an additional 55,185 jobs to the region. Here’s the job breakdown from the report:
Industrial machinery exports: 28,574
Chemical exports: 23,787
Infrastructure projects: 2,824
The report notes that as Mexico opens its doors to oil and gas expansion, Houston’s industrial machinery exports will continue to climb. Currently, Houston exports $19.3 billion in industrial machinery, according to the report, but this figure is projected to rise by 15 percent—creating over 28,000 jobs.
via Shale Will Help Deliver 55,000 Additional Jobs to Houston | NorthCentralPA.com.
As the shale boom continues, the next wave of energy economic development in Houston could bring an estimated 55,185 jobs to the region, according to a new report.
The combined impact of the petrochemical growth surge, liquefied natural gas exporting and the opening up of Mexico to oil and gas exploration are all expected to bring a huge glut of energy-related jobs to Houston that are largely focused on exporting resources, technology and innovation.
The new study, called “Houston’s Next Boom: Exporting Innovation,” was put together by the Greater Houston Partnership and HSBC Bank USA.
via HSBC Group, GHP say petrochemical growth, LNG exporting, Mexican energy reform will bring jobs to Houston – Houston Business Journal.
The Houston Ship Channel reopened in nearly all directions of vessel traffic for the first time since a March 22 oil spill.
The United States Coast Guard authorized inbound and outbound vessel and tanker movements, with the exception of outbound barge movements from the upper ship channel, Petty Officer Eric Coleman said by telephone. The Coast Guard planned to shut down the channel at about sunset and resume movements when daylight returned, Coleman said.
As of 25 March, 50 vessels were waiting to come into the Houston Ship Channel, and 30 were waiting to leave, Petty Officer Matthew Schofield said by telephone. Three tankers were waiting to enter Galveston Texas City, and three were waiting to leave; 19 barges were in the queue at Pelican Cut, three barges at Barbours Cut, seven barges at Bayport and 35 barges at Bolivar.
via US Coast Guard reopens Houston Ship Channel after recent oil spill | Hydrocarbon Processing | March 2014.
When José Tamayo and Calvin Aubry step aboard the Galveston Island Ferry, the deckhands can be in for a long day. But as they both see it, what’s better than a day out on the water?
The deckhand is an entry-level position in the maritime industry, but with additional training and certification, Tamayo and Aubry can advance up the career ladder to captain if they want, and they don’t have to go far for training.
San Jacinto College offers a number of maritime programs through its training center in Pasadena, but with the spring groundbreaking of a new facility near the Port of Houston and the recent acquisition of three bridge simulators, the maritime program is expanding and attracting students like Aubry and Tamayo.
via San Jacinto College calls maritime industry 'hot' – Houston Chronicle.
Kinder Morgan Energy Partners and MarkWest Utica EMG, a joint venture between MarkWest Energy Partners and the Energy and Minerals Group, have launched a binding open season to solicit commitments for a proposed Y-grade pipeline project to transport natural gas liquids produced from the Utica and Marcellus shales to Mont Belvieu, Texas, USA.
via Open season for NGL transportation — Pipelines International — The international pipeline magazine.