IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that Pasadena Refining System, Inc. (PRSI), a subsidiary of Petroleo Brasileiro S.A. - PETROBRAS (NYSE: PBR), has selected Fluor to provide front-end engineering study services for a prospective U.S. refinery project. Fluor booked the undisclosed contract value in the fourth quarter of 2009.
Fluor will provide engineering, estimating and project management services for the conceptual engineering phase of the prospective project that would enhance the performance of the 100,000 barrel-per-day Pasadena, Texas, refinery.
“This is an important U.S. refining project for Fluor and PRSI,” said Peter Oosterveer, president of Fluor’s Energy and Chemicals business group. “We have been fortunate to be involved in other recent U.S. refining projects having similar project characteristics, and we believe our demonstrated project experience will bring significant value to PRSI. We will work closely with PRSI to make this project a success.”
The engineering study is currently underway in Fluor’s Sugar Land, Texas, office and will be completed later this year.
About Fluor
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.
Fluor CorporationMedia Relations:Keith Stephens, 469-398-7624orBrian Mershon, 469-398-7621orInvestor Relations:Ken Lockwood, 469-398-7220orJason Landkamer, 469-398-7222