DOE selects SPR manager with $1.46 billion contract

The US Department of Energy selected Fluor Federal Petroleum Operations LLC to manage and operate the US Strategic Petroleum Reserve for 5 years starting Dec. 1. The $1.46 billion contract includes a 5-year renewal option, DOE said.

The new management team includes members from Fluor Federal Services Inc., Arlington, Va., and subcontractors MRI Global, Kansas City, Mo.; Booz Allen Hamilton, Mclean, Va.; and ASRC Petroleum Operations & Maintenance, Anchorage.

DM Petroleum Operations Co. presently manages the reserve, which includes four oil storage sites in Louisiana and Texas, a project management office in New Orleans, and an equipment storage facility in Mississippi.

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