Zero Emissions Facility to Provide Energy Security for European Consumers
IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE:FLR) announced today that it was awarded a contract by TAQA Energy B.V., a subsidiary of the Abu Dhabi National Energy Company PJSC, for engineering, procurement and construction management services (EPCM) for its Bergermeer Gas Storage project in the North Holland province of The Netherlands. The contract was booked in Fluor’s third quarter 2009.
"Fluor will assist TAQA in its ambition to provide Europe with energy security through this strategically important underground gas storage project,” said Peter Oosterveer, president of Fluor’s Energy & Chemicals Group. “With the project site located near our Haarlem operations center, we expect to serve our client in a true teamwork environment throughout the project duration.”
Fluor began engineering and design work in August 2009 and is responsible for the EPCM of the gas compression and treatment facility as well as modifications to the well site. The facility will be designed to minimize hydrocarbon and carbon dioxide emissions. Fluor’s participation in the project is expected to be completed in the second quarter of 2013. Work related to the gas treatment facility project will be performed by about 200 professionals located in Fluor’s Haarlem operations center.
The gas treatment and compression facility is an integral part of the Bergermeer Gas Storage project. Sustainable development is the basis for the realization of the project and TAQA expects to apply “best available technology” as a standard for this project.
About The Abu Dhabi National Energy Company PJSC (TAQA)
Founded in 2005, TAQA (Abu Dhabi National Energy Company (PJSC)) is a global energy company. One of the largest companies listed on the Abu Dhabi Securities Exchange (ADX), with 2008 revenue of more than AED 16 billion (US$ 4.4 billion), TAQA is a flagship corporation for the Government of Abu Dhabi. For more information please visit: www.taqaglobal.com
About Fluor Corporation
Fluor Corporation (NYSE: FLR) designs, builds and maintains many of the world's most challenging and complex projects. Through its global network of offices on six continents, the company provides comprehensive capabilities and world-class expertise in the fields of engineering, procurement, construction, commissioning, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 200 company and had revenues of $22.3 billion in 2008. For more information, visit www.fluor.com.
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