Fluor Corporation (NYSE: FLR) today announced that a joint venture with
AMEC has been awarded a follow-on contract to perform engineering,
procurement and construction management for development of a floating
oil production facility off Australia's western coast. Last year,
FluorAMEC was awarded the front-end engineering and design work and
related services for this project. Contract value of the new work to
Fluor is approximately $129 million and was booked in the company's
second quarter.
The Enfield floating production, storage and offloading (FPSO) facility
is part of a development by Woodside Energy Limited of its Enfield Area
Development. The FPSO facility will be located 25 miles off the Western
Australia coast, near Exmouth, and is expected to process up to 100,000
barrels of oil per day, upon completion in 2006.
"We're pleased to continue our relationship with Woodside as we provide
services on the next phase of this project and leverage Fluor's and
AMEC's collective knowledge in this area," said Jeff Faulk, Fluor's
group president of Oil, Gas & Power.
Engineering and procurement services will be provided from Enfield's
project office in Perth, with support from Fluor's offices in Houston,
Texas, and Manila, the Philippines, and AMEC's office in Aberdeen, UK.
AMEC plc provides engineering, design, project delivery and maintenance
support to clients in the oil & gas; transport; infrastructure and
industrial sectors. The company generated revenues of 4.7 billion pounds
in 2003 and works at the local, national and international levels,
employing 45,000 people throughout the U.K., continental Europe, North
America and some 40 countries worldwide. For more information, visit http://www.amec.com.
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 nearly $9
billion in 2003. For more information, visit www.fluor.com.
media, Jerry Holloway, +1-949-349-7411, or Leann Vandergrift,+1-949-349-7420, or investors, Lila Churney, +1-949-349-3909, or fax,+1-949-349-5375, all of Fluor Corporation//Web site: http://www.amec.com //Web site: http://www.fluor.com /