Permian Oil Storage Facility Project Goes to KBR
KBR, Inc. has won a reimbursable front-end engineering design (FEED) and engineering, procurement and construction (EPC) contract for improvements to a Permian Basin oil gathering and storage terminal in West Texas, the company reported Thursday.
KBR did not specify who awarded the contract, only stating that it is a “Tier 1 International Oil Company.”
Under the contract, KBR will provide reimbursable cost FEED and EPC services to support the installation and construction of terminal facilities excluding storage tanks. The company noted that the facilities will handle Permian crude oil and condensate for transport to the Gulf Coast.
“We are excited to be a part of this significant project, and to continue to grow and maintain a substantial presence in the Permian Basin, one of the world’s fastest growing fields,” Farhan Mujib, president of KBR’s Energy Solutions-Delivery unit, said in a written statement. “This award is indicative of KBR’s ability to execute projects safely and demonstrates the trust our clients put in KBR to deliver critical projects by deploying rapid solutions to solve their emerging challenges.”
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