Fluor
Corporation (NYSE:FLR) announced today that it was selected by BP
Trinidad and Tobago (BP) to perform the front-end engineering and design
(FEED) for the Cassia Compression Project off the east coast of Trinidad
and Tobago. Fluor booked the undisclosed contract value into backlog in
the first quarter of 2017.
Fluor’s scope includes the design of a new offshore gas compression
platform, new connecting bridge and modifications to the existing Cassia
hub. The platform will compress gas produced from the existing Cassia
platforms.
“Fluor has 50 years of experience developing some of the world’s most
complex offshore
projects, including several BP facilities in Trinidad and Tobago,” said
Mark Fields, president of Fluor’s Energy & Chemicals business in the
Americas. “In addition, our Stork
division currently provides maintenance, modification and asset
integrity services to BP’s offshore assets there. With a focus on
maximizing local content, we will deliver a safe, reliable and
capital-efficient solution to BP.”
“As the project advances, Fluor will use its integrated solution model
to support the project,” said John Harrower, executive director of
offshore operations for Fluor. “Benefits of this model include an
improved design through fabrication and maintenance team engagement in
the design process, reduced costs through the global sourcing of major
equipment and improved execution through Fluor and Stork’s extensive
in-country experience and use of local resources.”
FEED activities are expected to be completed in 2017 with first gas
expected in 2020.
About Fluor Corporation
Fluor
Corporation (NYSE: FLR) is a global engineering, procurement,
fabrication, construction and maintenance company that designs, builds
and maintains capital-efficient facilities for its clients on six
continents. For more than a century, Fluor has served its clients by
delivering innovative and integrated solutions across the globe. With
headquarters in Irving, Texas, Fluor ranks 155 on the FORTUNE 500
list with revenue of $19 billion in 2016 and has more than 60,000
employees worldwide. For more information, please visit www.fluor.com
or follow us on Twitter @FluorCorp.
Fluor CorporationMedia RelationsBrian Mershon, 469-398-7621orBrett Turner, 864-281-6976orInvestor RelationsGeoff Telfer, 469-398-7070orJason Landkamer, 469-398-7222