Fluor Corporation (NYSE: FLR) announced today its joint venture team was
selected by Kuwait National Petroleum Company (KNPC) as the preferred
bidder to design, construct and commission the Mina Abdullah Package 2
Clean Fuels Project in southern Kuwait. Fluor expects to book its
undisclosed portion of the project value in the company’s first quarter
of 2014.
For the lump-sum, turnkey project, Fluor will provide engineering,
procurement, construction (EPC) services as well as the associated
commissioning, start-up and testing support.
“This project will increase productivity at the facility while also
delivering products that comply with state-of-the-art environmental
standards,” said Taco de Haan, president of Fluor Energy & Chemicals for
Europe, Africa and the Middle East. “We are proud to continue our
decades-long legacy of executing EPC projects with KNPC in Kuwait. We
look forward to working with our joint venture partners and KNPC to
successfully deliver this critical project.”
The Clean Fuels Project involves upgrading Kuwait’s Mina Abdullah and
Mina Al-Ahmadi refineries in order to increase capacity.
Fluor formed a joint venture with Daewoo Engineering & Construction and
Hyundai Heavy Industries for the Clean Fuels Project.
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 41,000 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 110 on the FORTUNE 500 list and had
revenue of $27.6 billion in 2012. For more information, visit www.fluor.com
and follow us on Twitter at @FluorCorp.
Copyright Business Wire 2014