Primoris Services Wins New Industrial Award Valued At $16 Mln - Quick Facts

(RTTNews) - Primoris Services Corp. (PRIM), a construction & Engineering holding company, announced Monday a new industrial award valued at approximately $16 million. The new contract was secured by the Primoris ARB Industrial division, part of the West Construction Services segment.

The award is for the engineering, procurement and construction or EPC of an 80 million standard cubic feet per day or MMSCFD injection compression station for a California-based oil and gas production company.

The company noted that construction will commence on the project in the fourth quarter of 2014 and is scheduled to be completed in 2015.

The station will handle gas injection needs associated with petroleum extraction. The plant will consist of several large compressors, condensers, a TEG dryer system, a slug catcher, instrument and utility air compressors, and glycol loading and storage systems, among others.