TYLER, Texas, Aug. 23, 2017 /PRNewswire/ -- KPE today announced
it has been awarded a contract valued in excess of $100 million by Targa Pipeline Mid-Continent
WestTex LLC, a subsidiary of Targa Resources Corp., (Targa) (NYSE:
TRGP) to provide engineering, procurement and construction for a
200 MMSCFD natural gas cryogenic processing facility located near
Midkiff, in the Permian Basin of
West Texas. The facility will
include a 5,000 SBPD condensate stabilizer, 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.
"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."
About KPE
KP Engineering, LP, uses smart engineering to provide
capital-efficient EPC solutions for companies in the midstream,
refining, petrochemical and syngas markets that result in
investment and delivery predictability. For more information, visit
www.kpe.com.
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SOURCE KP Engineering