TKT Midstream Partners, a newly-formed company, has received equity commitments from Kiewit Corp. and Tiger Infrastructure Partners to support a strategy to invest up to $500 million in midstream energy sector companies and assets.
TKT will design, build, own and operate midstream assets and networks on behalf of North American exploration and production companies. The joint venture will focus on delivering the customized infrastructure design, construction, ownership and operation needed to bring hydrocarbons to market.
Kiewit is one of North America’s largest construction, mining and engineering organizations while Tiger is the primary investment arm of Henry Tiger LLC, which focuses on acquiring infrastructure assets and businesses in North America and Europe, targeting equity investments in the power, natural-resource infrastructure, waste management, water, transportation and communications sectors.
aims to capture demand by E&P companies for infrastructure operators who have the resources and experience to provide certainty of timely execution for infrastructure buildouts, such as gathering systems, pipelines and processing plants, allowing them to focus on their core business of exploration and production.
Recommended Reading
MPLX Acquires Remaining Interest in BANGL for $715MM
2025-02-28 - MPLX LP has agreed to acquire the remaining 55% interest in BANGL LLC for $715 million from WhiteWater and Diamondback.
Western Midstream to Build Permian Produced Water Pipeline
2025-02-26 - Western Midstream is investing up to $450 million to expand its produced water infrastructure, including the Pathfinder pipeline to transport produced water to disposal facilities in the Delaware Basin.
Michigan Appeals Court Allows Enbridge’s Line 5 Permits to Stand
2025-02-21 - Enbridge’s Line 5 still faces a court battle against the state in a case brought by the government.
Polar LNG Express: North American NatGas Dynamics to Change with LNG Canada
2025-02-21 - The next major natural gas export project in North America has a location advantage with Asian markets. LNG Canada opens up a new pathway that will change the price dynamics for producers.
Cheniere’s Corpus Christi 3 Project Sends First Commissioned LNG Cargo
2025-02-20 - Cheniere Energy executives say the Corpus Christi Stage 3 project has been ahead of schedule in commissioning its first LNG cargo.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.