fractionation

Kinetik greenlights 300-MMft3/d Kings Landing II gas processing plant project

Kinetik Holdings Inc. announced it has reached final investment decision on Kings Landing II (KLII), a 300 million cubic feet per day (MMft3/d) natural gas processing plant at its existing Kings Landing complex in New Mexico. KLII is a 50% increase from the originally contemplated 200 MMft3/d capaci..

Phillips 66 greenlights new gas plant and fractionator projects, advancing integrated wellhead-to-market strategy

Phillips 66 announced it is moving forward with the Zeus Gas Plant and a third Coastal Bend Fractionator, two projects that will advance its integrated wellhead-to-market strategy, thereby expanding gas processing capacity in the Permian and NGL fractionation capabilities on the Gulf Coast. Zeus wi..

BlackRock-led group set to invest in $10 billion Aramco Jafurah infrastructure deal

Saudi Aramco is close to a deal to raise around $10 billion from a group led by BlackRock that has been set up to invest in the infrastructure of Aramco's Jafurah gas project.

ONEOK acquires remaining interest in Delaware Basin JV for $940 MM

ONEOK, Inc. announced the acquisition of the remaining 49.9% interest in Delaware G&P LLC (Delaware Basin JV) from NGP XI Midstream Holdings, L.L.C. for $940 million, consisting of $530 million in cash and $410 million in ONEOK common stock.

ONEOK completes NGL fractionation and pipeline expansion projects

ONEOK Inc. has completed MB-6, a 125,000-bpd natural gas liquids (NGL) fractionator in Mont Belvieu, Texas, and the full looping of the West Texas NGL Pipeline system.