Fluor Corporation (NYSE: FLR), today announced that it has been awarded
a contract by ChevronTexaco to provide front-end engineering and design
services for its proposed Multifacility Offshore Liquefied Natural Gas
(LNG) Regasification programs in the Gulf of Mexico and Baja,
California. The contract amount was not disclosed.
Fluor will perform the preliminary design and engineering of the
topsides facilities, including tanker offloading equipment, vaporizers,
piping, and related utilities and support systems, for several LNG
receiving terminals, beginning with the Port Pelican LNG receiving and
regasification terminal off the Louisiana coast. Natural gas from the
Port Pelican facility will be used for power generation, industrial and
residential markets in the United States.
"Demand for natural gas continues to grow as an essential source of
energy, with increased investment in LNG infrastructure, such as Port
Pelican. We are very happy to be a part of this program and eager to
continue expanding our involvement in the LNG market," said Jeff Faulk,
Fluor's group executive of Oil, Gas & Power.
Fluor Corporation (NYSE: FLR) provides services on a global basis in the
fields of engineering, procurement, construction, operations,
maintenance and project management. Headquartered in Aliso Viejo,
Calif., Fluor is a Fortune 500 company with revenues of $10 billion in
2002. For more information, visit www.fluor.com
.
For further information please contact: Jerry Holloway, Media Relations,
+1-949-349-7411, or Lori Serrato, Media Relations, +1-949-349-7420, or
Lila Churney, Investor Relations, +1-949-349-3909, fax +1-949-349-5375,
all of Fluor Corporation
Jerry Holloway, Media Relations, +1-949-349-7411, or LoriSerrato, Media Relations, +1-949-349-7420, or Lila Churney, InvestorRelations, +1-949-349-3909, fax +1-949-349-5375, all of Fluor Corporation//Web site: http://www.fluor.com /