AMECO, a unit of Fluor Global Services, Monday announced that it has
been awarded a five-year extension to its existing fleet and tool
outsourcing contract with Phillips Petroleum in Borger, Texas.
Under terms of the new contract, AMECO will provide complete outsourcing
of mobile equipment, including rentals, repairs, maintenance, and
fueling to the Borger facility. In addition, AMECO provides on-site tool
repairs and tool distribution for Phillips.
"Phillips Petroleum is very happy to extend the contract with AMECO for
another five years," said Glynn Abbott, contract manager for Phillips
Petroleum. "Over the past five years, AMECO and Phillips have worked
together to do what is best for both companies. Because we have worked
so closely together in this relationship, the contract has become more
of an alliance between the two companies."
"AMECO is looking forward to this extended opportunity to work closely
with Phillips to provide equipment and tool services to the Borger
plant. We maintain our commitment to continuous improvement of services
and cost reduction," said Gary Bernardez, vice president of AMECO's
Fleet Outsourcing. "This contract extension with Phillips Petroleum
exemplifies our company's mission to deliver integrated equipment and
tool outsourcing solutions to the industrial market."
Added Toby Ezelle, contract manager for AMECO on the Phillips site, "In
addition to providing a responsive array of services, we focus on
problem solving to help make the best business decision for Phillips.
Our on-site presence fosters an excellent team approach to help lower
costs for both companies."
Phillips Refinery and NGL, located at Borger, are a part of the Phillips
Petroleum Company engaged in oil and gas exploration and production
worldwide; gas gathering, processing and marketing in the United States;
refining, marketing and transportation operations, primarily in the
United States; chemicals and plastics manufacturing and sales around the
globe; and technology development. Founded in Bartlesville, Okla., in
1917, the company had 15,900 employees and $15 billion in assets at the
end of 1999, and $14 billion of revenues for the year.
Based in Greenville, AMECO is a leading full-service equipment supplier,
providing construction equipment, tool and fleet outsourcing services,
on a global basis to construction, mining, government and industrial
markets.
Fluor Corporation (NYSE:FLR), with 1999 revenues of $12.4 billion,
provides services on a global basis in the fields of engineering,
procurement, construction, maintenance and operations. It is
headquartered in Aliso Viejo, Calif.
Fluor Corporation releases are available on Fluor's Corporate News on
the Net site at http://www.businesswire.com/cnn/flr.htm.

Fluor Corporation, Aliso ViejoKeith Karpe, Media Relations949/349-7661orLori Serrato, Media Relations949/349-7420