From a
story by Wayne Nelson on the Web site of Business North:
Murphy Oil is talking with potential partners to develop oil sands deposits in Western Canada, and has hired an environmental design and permitting consultant to help plan a major expansion at its Superior Refinery.
That international environmental engineering and consulting firm is ENSR, a unit of Los Angeles-based AECOM (NYSE: AECOM).
David Podratz, general manager, stressed the Arkansas-based company (NYSE:MUR) is only “considering” a nearly seven-fold expansion at Wisconsin’s sole oil refinery to 235,000 barrels per day. Nevertheless, Murphy Oil senior executives are actively looking for a partner that can guarantee a much larger, stable and reasonably priced supply of crude oil from northern Alberta’s oil sands, he said. “We would build the downstream piece,” Podratz said. “We talk about it regularly . . . it’s off the back burner.”
The implications for this region are huge. The company estimates the price for the refinery expansion alone at more than $6 billion. Its payroll would more than double with an additional 300-400 fulltime employees and its regional network of vendors would expand. The expansion also would generate more than 3,000 construction jobs over two years.
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