Fluor Corporation (NYSE: FLR) and JGC Corporation announced today that
their 50/50 joint venture was awarded a front-end engineering and design
(FEED) contract by Anadarko Moçambique Area 1 Limitada for an onshore
natural gas liquefaction facility in the Republic of Mozambique. The
project will be located in the Cabo Delgado Province, 2,000 kilometers
northeast of Mozambique’s capital, Maputo. Fluor will book its portion
of the contract in the first quarter 2013.
The FEED will deliver designs for the initial phase of the Mozambique
LNG project of four trains, each train capable of producing 5 million
metric tonnes per annum of liquefied natural gas (20 MMTPA total). The
project has the potential to expand its capacity up to approximately 50
MMTPA of LNG in the future. This facility is the first LNG project in
Mozambique. The feedstock comes from offshore production facilities at
Offshore Area 1, operated by Anadarko, and Offshore Area 4, operated by
Eni. The first LNG cargo is targeted for 2018.
“In the region, this is an important and strategic win for both joint
venture parent companies,” said Peter Oosterveer, president of Fluor’s
Energy & Chemicals Group. “We brought together a talented and
experienced team that leverages the combined strengths of JGC’s
industry-leading LNG experience with Fluor’s 50-plus year reputation for
executing large complex projects in sub-Saharan Africa.”
Anadarko Moçambique Area 1, Limitada consists of Anadarko Petroleum
Corporation (36.5 percent), Mitsui E&P Mozambique Area 1, Limited (20
percent), Empresa Nacional de Hidrocarbonetos (15 percent), BPRL
Ventures Mozambique B.V. (10 percent), Videocon Mozambique Rovuma 1
Limited (10 percent) and PTT Exploration & Production Plc (8.5 percent).
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, Fluor's 43,000 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 $24.3 billion in 2011. 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