KBR Awarded FEED and EPC Contracts for Oil Storage Facility in Permian Basin
KBR, Inc. has been awarded a contract for front-end engineering design (FEED) and engineering, procurement, and construction (EPC) services for an oil storage and gathering terminal in the Permian Basin. The project aims to improve crude oil and condensate handling.
HOUSTON – KBR, Inc. announced on May 1, 2019, that it has been awarded a reimbursable Front-End Engineering Design (FEED) and Engineering, Procurement, and Construction (EPC) contract by a Tier 1 International Oil Company for improvements to an oil gathering and storage terminal in the Permian Basin, west Texas.
The contract stipulates that KBR will provide cost-reimbursable FEED and EPC services to support the installation and construction of terminal facilities, excluding storage tanks. The objective is to enhance the handling of crude oil and condensate from the Permian Basin 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," said Farhan Mujib, KBR President, Energy Solutions- Delivery.
The project is expected to reinforce KBR's position in the energy sector and its capability to execute complex infrastructure projects safely and effectively. The award signifies the client's trust in KBR's expertise for delivering critical energy infrastructure.