Fluor Corporation (NYSE: FLR) announced today that it has been awarded a
front-end engineering and design (FEED) contract by Qatar Petroleum (QP)
and Shell Global Solutions for a proposed grassroots petrochemical
project located in Ras Laffan Industrial City, Qatar. Fluor will book
the undisclosed contract value into backlog in the first quarter of 2013.
“Fluor is focused on continuing our long-term relationship with both QP
and Shell, and we are pleased to have been selected to perform the FEED
stage of this project, which could become the cornerstone of future
petrochemical development projects planned for Qatar,” said Peter
Oosterveer, president of Fluor’s Energy & Chemicals Group. “The Middle
East is an extremely important region for Fluor, and we are honored that
QP and Shell have selected our experienced petrochemical team for this
project.”
The potential scope of the Al-Karaana petrochemical project includes a
mix-feed steam cracker, two train monoethylene glycol units, linear
alpha olefins and oxo alcohol units, and required utilities,
infrastructure and offsites. Fluor will lead the FEED project execution
from its Haarlem, the Netherlands, office with support from other global
Fluor locations.
About Fluor Corporation
For more than 100 years, Fluor Corporation (NYSE: FLR) has partnered
with its clients to design, build and maintain many of the world's most
challenging and complex capital projects. Through its global network of
offices on six continents, more than 40,000 employees provide
comprehensive capabilities and world-class expertise in the fields of
engineering, procurement, construction, commissioning, fabrication,
operations, maintenance and project management. Today, the company
serves a global client base in the energy, chemicals, government,
industrial, infrastructure, operations & maintenance, manufacturing &
life sciences, mining, power and transportation sectors. Headquartered
in Irving, Texas, Fluor ranks 124 on the FORTUNE 500 list and had
revenue of $27.6 billion in 2012. 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