US-based KP Engineering has won a $100M contract from Targa Terminals, a subsidiary of Targa Resources, to build a 35,000 bpd crude and condensate splitter and an associated tank farm in Texas.
The project is a result of more than two years of process study and project development work and will be located at Targa’s storage and marine terminal facility in Channelview.
KP Engineering chairman and CEO Brandon Steele said: “We are very blessed to continue to win major projects, such as this opportunity to execute another midstream project for Targa — one of our most valued clients — and we are humbled that they selected us for this job.
“We are able to maintain our competitive edge and create exceptional value because we employ some of the finest professionals in our industry. Their character, honor and work ethic is what makes our company great and allows KPE to deliver cost effective, quality EPC solutions.”
* Data provided by Timetric's Construction Intelligence Center.