Alliance is a successful model of Fluor’s sustaining capital work
Fluor
Corporation (NYSE: FLR) recently celebrated 20 years of providing
engineering, procurement and construction support services for Irving
Oil Ltd. (Irving Oil). Since 1997, Fluor has supported projects ranging
from sustaining capital to major growth projects at Irving Oil’s
refinery and marine terminal in Saint John, New Brunswick, Canada.
Fluor's personnel are integrated with the Irving Oil team working on
site at Canada’s largest refinery. Around 100 projects are carried out
each year by the joint site team with an execution capability of up to
$300 million annually. The team has saved more than $100 million through
value creation efforts over the past 13 years and has worked more than
seven years without a single recordable incident.
“We are proud to work alongside Fluor team members each and every day on
our site as we continue to create jobs and deliver projects together
safely,” said Mark Sherman, vice president and chief operating officer
of Irving Oil.
“With similar values and a strong cultural alignment, we are honored to
celebrate this milestone in the Irving Oil and Fluor relationship,” said Mark
Fields, president of Fluor’s Energy & Chemicals business in the
Americas. “The success of this alliance is a testament to the results
that are achieved when personnel are truly blended as one team with a
common goal of high-quality project delivery. With our flexibility and
strong project execution expertise, we will continue to partner with
Irving Oil to deliver safe, on-schedule and capital-efficient projects.”
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 149 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 Fluor on social media at Facebook,
Twitter,
LinkedIn
and YouTube.
About Irving Oil
Irving Oil was founded in 1924 and is an international refining and
marketing company with a history of long-term partnerships and
relationships. Named one of Canada’s Top 100 Employers in 2016, Irving
Oil operates Canada’s largest refinery, in Saint John, New Brunswick,
which is located 65 miles north of the US border and has reached
production rates in excess of 320,000 barrels per day. It also operates
Ireland’s only refinery, located at Whitegate in southern Ireland, with
a capacity of 75,000 barrels per day. With over 900 fueling locations,
operations from ten distribution terminals, and a delivery fleet of
tractor-trailers, Irving Oil serves wholesale, commercial, and retail
customers in Atlantic Canada, Quebec, and New England. Learn more at facebook.com/irvingoil
or www.irvingoil.com.
Fluor CorporationMedia RelationsBrian Mershon, 469-398-7621orBrett Turner, 864-281-6976orInvestor RelationsGeoff Telfer, 469-398-7070orJason Landkamer, 469-398-7222