Fluor Corporation (NYSE: FLR) today announced that it has been awarded
an engineering, procurement and construction contract by one of the
largest gas processing companies in the world.
Under the terms of the $22-million Abu Dhabi Gas Industries Ltd. (GASCO)
contract, Fluor will use its expertise to modify existing facilities at
GASCO's Habshan gas processing plant and install a new propane
refrigeration package and absorber column. The work will maximize ethane
recovery at the site.
Upon completion the plant will extract 400 tons of ethane per day. The
ethane will be used as feedstock to downstream petrochemical companies
related to GASCO and its parent, Abu Dhabi National Oil Company.
Fluor's Aliso Viejo, Calif., office is executing the work, which is
estimated to be complete in December 2004.
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. 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
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//Web site: http://www.fluor.com /