MMEX Resources Corp. has entered into a partnership with KP Engineering (KPE) to engineer, design and construct the planned Pecos County refinery, located in the Permian Basin near Fort Stockton, Texas, US.
Earlier this year, MMEX announced plans to build the crude oil refinery, subject to the receipt of required governmental permits and completion of required debt and equity financing. The refinery project plans to export crude oil, fuels and petroleum products to western Mexico and South America.
Jack W. Hanks, President and CEO of MMEX Resources Corp., said: "Plans for the Pecos County refinery are progressing smoothly and rapidly, and the selection of KPE as the project's EPC contractor is an essential first step to beginning the project. With their strong industry experience, knowledge of the Texas market, scalability and agility, KPE is an ideal partner for MMEX on this project."
Brandon T. Steele, Chairman and CEO of KPE, added: "We are humbled that MMEX Resources has chosen KPE to assist them in constructing a state-of-the-art crude processing and transport facility for the Permian Basin […] KP Engineering employs some of the finest professionals in the industry and we are excited to be working alongside MMEX Resources Corp. as their EPC firm on this important project and look forward to commencing work immediately."
KPE also confirmed that it plans to subcontract with Interstate Treating, Inc./RAMA Fabrication Inc. to engineer and fabricate vessels and process modules for the refinery.
Read the article online at: https://www.hydrocarbonengineering.com/refining/31032017/kp-engineering-wins-refinery-contract/