Fluor
Corporation (NYSE: FLR) announced today that the Cutbank Ridge
Partnership selected Fluor to execute engineering, procurement and
construction management (EPCM) for Saturn 15-27 Phase 2 Sweet Gas Plant
Project near Dawson Creek, British Columbia, Canada. Fluor booked the
undisclosed contract value in the fourth quarter of 2015.
The project is part of the Cutbank Ridge Partnership Program to develop
natural gas and natural gas liquid (NGL) production, with three similar
projects: Sunrise 04-26, Tower 03-07 and Saturn 15-27 Phase 2. Fluor is
currently executing the EPCM for all three projects.
“Fluor has been supporting these projects since the initial conceptual
stages, and we look forward to taking them through the EPCM phase and
delivering the completed facilities,” said Jim
Brittain, president of Fluor’s Energy & Chemicals business in the
Americas. “We will leverage the best practices and synergies gained from
each of the projects to deliver a capital-efficient solution to the
Cutbank Ridge Partnership.”
The new facilities will receive sweet natural gas, remove water and
hydrocarbons, chill and compress the gas to meet transmission pipeline
requirements and recover NGL from the gas streams. The plants will have
the capacity to process a combined additional 800 million cubic feet of
gas per day.
The Cutbank Ridge Partnership is an agreement between Mitsubishi
Corporation and Encana Corporation which involves the long-term
development of natural gas resources in Northeast British Columbia.
About Fluor Corporation
Fluor
Corporation (NYSE: FLR) is a global engineering and construction
firm that designs and builds some of the world's most complex projects.
The company creates and delivers innovative and integrated solutions for
its clients in engineering, procurement, fabrication, construction,
maintenance and project management on a global basis. For more than a
century, Fluor has served clients in the energy, chemicals, government,
industrial, infrastructure, mining and power market sectors.
Headquartered in Irving, Texas, Fluor ranks 136 on the FORTUNE 500 list.
With 40,000 employees worldwide, the company's revenue for 2014 was
$21.5 billion. Visit Fluor at www.fluor.com
and follow on Twitter @FluorCorp.
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