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Motiva Celebrates Completion
Motiva Port Arthur now ranks as the country’s largest refinery
Executives of the companies that (through affiliates) jointly own Motiva -- Peter Voser, Chief Executive of Royal Dutch Shell, and Khalid Al-Falih, President and chief executive officer, Saudi Aramco -- turned the ceremonial valve commemorating the start of oil flowing through new processing units at the complex, which is now the country’s largest oil refinery and one of the largest in the world.
At the event, Motiva CEO Bob Pease extended his thanks to Port Arthur and the surrounding region for their continued support of the project. “This was truly a community effort that involved so many people and businesses in the Golden Triangle area of Southeast Texas,” he pointed out. “The tremendous talent and skill of the employees and contractors who worked on the expansion, day in and day out; the quality of products and services provided by local suppliers; the enthusiasm and support of public officials and local community. All of these contributions came together to make this project a success.”
With more than 14,000 people working on the project at peak construction and more than 300 new permanent jobs, the expansion bolstered Motiva’s position as one of Port Arthur’s largest employers and a leading revenue source for the city, county and local public schools. The overall economic impact of the project in the region has been estimated in excess of $17 billion.
Pease also noted that the expanded refinery can process a wide variety of crude oils, ranging from relatively light to heavy. It also has the flexibility to switch between primarily producing gasoline and diesel to adapt to varying market conditions.
Al-Falih described the expansion project as a significant milestone of Saudi Aramco’s enduring energy ties with the United States. “Our investment in Port Arthur is an integral part of Saudi Aramco’s global downstream expansion strategy. Our commitment to meet the needs of the United States’ oil market, our expanded stake in U.S. downstream, and our R&D investments in future transportation fuels will contribute to enhancing the United States’ long-term energy security – today, tomorrow, and for decades to come,” he said.
Voser said “Port Arthur’s expansion is central to Shell’s plans for selective downstream growth in North America. This refinery will make a major difference to our ability to process the lowest cost crudes to high quality oil products for our customers.”
A prestigious group of guests gathered to celebrate this milestone event, which was followed by an open house and site tours.
Headquartered in Houston, Motiva Enterprises LLC is a refining and marketing joint venture owned by affiliates of Shell and Saudi Aramco. Motiva’s marketing operations support a network of approximately 8,300 Shell-branded gasoline stations in the eastern and southern United States. Company assets include three refineries located in Norco and Convent, LA., as well as Port Arthur, Texas, which are currently capable of refining more than 1 million barrels of crude oil per day. Motiva also has ownership or partial interests in 38 product terminals.
About Saudi Aramco
Saudi Aramco is a fully-integrated, global energy and chemicals enterprise and an industry leader in exploration and production, refining, distribution, shipping, marketing and petrochemicals manufacturing. The company manages proven reserves of 259.7 billion barrels of crude oil and manages the fourth-largest gas reserves in the world, 282.6 trillion standard cubic feet.
Saudi Aramco produced 9.1 million barrels per day of crude oil in 2011 and through its affiliate, Vela International Marine Limited, owns and operates one of the world's largest tanker fleet to help transport crude oil and refined products.
In addition to its headquarters in Dhahran, Saudi Arabia, Saudi Aramco, through its affiliates, has joint ventures and subsidiary offices in China, Japan, India, the Netherlands, the Republic of Korea, Singapore, the United Arab Emirates, the United Kingdom and the United States. Saudi Aramco also refines and distributes petroleum products throughout the Kingdom of Saudi Arabia to meet domestic daily energy demands.
About Shell Oil Company
Shell Oil Company is an affiliate of the Royal Dutch Shell plc, a global group of energy and petrochemical companies with 93,000 employees in more than 90 countries. We deliver a diverse range of energy solutions and petrochemicals to customers worldwide.
These include transporting and trading oil and gas, marketing natural gas, producing and selling fuel for ships and planes, generating electricity and providing energy efficiency advice. We also produce and sell petrochemical building blocks to industrial customers globally, and we are investing in making renewable and lower-carbon energy sources competitive for large-scale use. In the U.S., we operate in 50 states and employ more than 20,000 people delivering energy in a responsible manner.