Black & Veatch, Exterran Form Modular Gas Processing Unit JV

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Black & Veatch and Exterran Energy Solutions LP are joining forces to reduce capital and operating costs, improve natural gas liquid product yields and enhance system flexibility for natural gas processors. The two companies have signed an exclusive agreement to develop modular natural gas processing units in North America. The modular units will feature Black & Veatch’s patented PRICO-C2™ process. Under the agreement, Exterran will design and build modular units that feature the Black & Veatch technology. Together, Black & Veatch and Exterran will market these units to natural gas processors across North America. The benefits of a modular design over conventional construction include lower capital costs, shorter schedules and predictable results.