KPE wins contract from Targa
Published by Callum O'Reilly,
Senior Editor
Hydrocarbon Engineering,
Targa Pipeline Mid-Continent WestTex LLC, a subsidiary of Targa Resources Corp., has awarded KPE a contract to provide engineering, procurement and construction (EPC) for a 200 million ft3/d natural gas cryogenic processing facility located near Midkiff, in the Permian Basin of West Texas, US.
The facility will include a condensate stabiliser, low pressure compression, intermediate compression, custody transfer metering, slug catchers and a control system for processing raw natural gas into merchantable natural gas by extracting natural gas liquids (NGLs) and removing impurities.
KPE confirmed that the contract is valued excess of US$100 million.
"This award, the third major project for Targa within the past 18 months, is the result of substantial collaboration between Targa and KPE that ensured the project's advanced process design is efficient and cost-effective," said William E. Preston, KPE's President and Chief Operating Officer. "The cryogenic gas plant will allow Targa to increase its NGL extraction capacity, and we look forward to helping them build on their gas processing capabilities in the Permian Basin."
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/24082017/kpe-wins-contract-from-targa/
You might also like
EIG’s MidOcean Energy completes acquisition of 20% stake in Peru LNG
MidOcean Energy has announced the completion of its previously announced agreement to acquire SK earthon’s 20% interest in Peru LNG (PLNG), owner and operator of the first LNG export facility in South America.