Fluor
Corporation (NYSE: FLR) announced today that it has signed a
memorandum of understanding (MOU) with Saudi Arabian Mining Company
(Ma’aden) to support future Ma’aden projects located within and outside
the Kingdom of Saudi Arabia.
Under the MOU, Fluor would be considered for conceptual; pre-front-end
engineering and design (FEED); FEED; engineering, procurement and
construction management; and program management contracting services for
future projects.
“This understanding would allow both parties to increase their
involvement in Saudi Arabia and expand their services outside the
Kingdom,” said David
Seaton, Fluor’s chairman and chief executive officer, who signed the
MOU at the inaugural Saudi-U.S. CEO Forum in Riyadh recently. “Fluor’s
legacy in Saudi Arabia dates back to 1947 and we have a strong
partnership with Ma’aden, having delivered several of their
mega-projects. We look forward to helping them advance their future
projects as they continue to expand and diversify their business.”
Fluor has worked with Ma’aden for almost 10 years. During that time,
Fluor has executed work in excess of $15 billion for projects including
the Ma’aden Aluminum Complex and the ongoing Umm
Wu’al Phosphate Project.
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 Twitter,
LinkedIn
and YouTube.
Fluor CorporationMedia RelationsBrian Mershon, 469-398-7621orBrett Turner, 864-281-6976orInvestor RelationsGeoff Telfer, 469-398-7070orJason Landkamer, 469-398-7222orEAME Media RelationsJanet Kearns, +44 1252 292039/+44 7802 373466