Duke/Fluor Daniel (D/FD), a joint-venture partnership of FluorCorp. and Duke Energy, announced a management realignment andstrategic development to strengthen its engineering, procurementand construction (EPC) operations as well as its diverse operatingplant services (OPS), businesses. “With an increased need for powergeneration, the expansion and realignment of Duke/Fluor Daniel’smanagement team enhances the partnership’s ability to capitalize onthe tremendous growth of our EPC business,” said Alan Boeckmann,president of Fluor Corp. “Duke/Fluor Daniel has become a marketleader and, in 2000, was building about one out of every threemegawatts under construction in the United States. Three keyleaders in our team will focus on the same goal: excellence inexecution of every EPC contract.” Ron Barnes will lead projectoperations for a significant portion of business from Duke EnergyNorth America. Abe Fatemizadeh will focus on project operations forDuke/Fluor Daniel’s external clients. Chris Tye will manageDuke/Fluor Daniel’s global operations.
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Matthews Wants Roughneck School Reopened
One of the first casualties in the late 1990s energy downturnwas the closure of Texas A&M Engineering and Extension ServiceDrilling Rig School near Abilene, TX. As the industry struggles tobuild up exploration and production activities, it also isstruggling with finding enough workers — and Texas RailroadCommissioner Charles Matthews wants the school to open its doorsonce again.
Tractebel Sees ‘Rosy Future’ With Cabot LNG Acquisition
Cabot LNG, the largest U.S. liquefied natural gas importer anddistributor in the Northeast, agreed yesterday to sell 100% of itsassets to Tractebel of Brussels, Belgium for $680 million. The dealwill give Tractebel the LNG terminal in Everett, MA, along with 10%interest in a liquefaction facility in Trinidad and Tobago and theLNG tanker, Matthew. The transaction is set to close by thebeginning of September.
Industry Briefs
Duke/Fluor Daniel of Charlotte, NC, was selected by TexasIndependent Energy to provide turnkey engineering, procurement,construction and start-up services for a 1,000 MW, greenfield powerplant in Santa Clara, TX. The project is Texas Independent Energy’s(TIE) first power plant to receive financing. TIE is a jointventure of Panda Energy International Inc. and PSEG Global. “Basedon our reference power plant design, the Guadalupe Power Project isour fifth merchant power plant we are building in Texas,” saidClarence Ray, CEO of Duke/Fluor Daniel. Commercial operation ofPhase I scheduled for December 2000. Construction began thissummer.
In Brief
Duke/Fluor Daniel said it has been awarded a turnkey contract byPanda Paris Power LP, to provide engineering, procurement,construction and start-up services for a proposed 1,000 MWgas-fired power plant in Paris, TX. “Power from the plant will bedistributed through TU Electric and will be sold to members of theElectric Reliability Council of Texas (ERCOT), the Southwest PowerPool (SPP) and other users,” said a spokesman for Dallas-basedPanda Energy, parent company of Panda Paris Power. Commercialoperation of the combined cycle power plant is scheduled for summer2000. Construction will begin next March.
Duke Build Canadian Services Arm, Buys Tescor
DukeSolutions, a subsidiary of Duke Energy, has acquiredprivately held Engineering Interface Limited of Toronto and itsmain subsidiary Tescor Energy Services, Inc. The new company willbecome the Canadian operations for DukeSolutions. Terms of theacquisition were not disclosed.
Matthews: WWP is an ‘Inventive’ Utility
After less than two years as president of NGC Corp., TomMatthews is leaving the company for an organization he considers anon-traditional utility, Washington Water Power (WWP). He said thecompany he will run as CEO and chairman of the board is among abouta half dozen utilities that have been “inventive and creative” inresponding to deregulation.
PNGTS, Maritimes Begin Laying Pipe
Portland Natural Gas Transmission System (PNGTS) and Maritimes& Northeast Pipeline, L.L.C. (Maritimes) successfully crossedthe first major engineering hurdle in constructing their jointpipeline facilities, which represent the southernmost portion ofeach company’s pipeline system. The joint facilities eventuallywill bring more than 600 MMcf/d of Canadian gas to New Englandmarkets.
Nuke May be Converted to Burn Gas
The 580 MW Connecticut Yankee Atomic Power Co. nuclear projectin Haddam, CT, may be converted to burn natural gas on or before itis decommissioned if engineering studies now underway indicate sucha conversion is feasible.
Enron Financing Gas-to-Liquids Plant
Enron Capital & Trade Resources Corp. (ECT), SyntroleumCorp., and SLH Corp. contributed a total of $3 million to funddetailed engineering, land purchase and other development costs foran 8,000 barrel/d gas-to-liquids specialty product plant inSweetwater County, WY, to be developed by Syntroleum. Subject toconditions, ECT committed an additional $14.5 million for aminority interest in the plant.
