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Fluor Awarded Multiple Contracts Across the Globe

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Irving-based Fluor Corp. announced that Elecnor S.A awarded the company an engineering services contract for a new 50 MW concentrating solar power plant in Badajoz, Spain. Fluor will book the undisclosed contract in 2010.

The project is under way with engineering expected to be complete by the second quarter of 2011. Fluor’s operations in Asturias and Madrid, Spain, will lead the engineering effort with support from its southern California operations. Fluor has provided front-end support work for the project since early 2009.

Fluor also announced that its joint venture with Sinclair Knight Merz was awarded a contract by BHP Billiton to execute the next phase of its Rapid Growth Program. The focus of the project will be the continued expansion of BHP Billiton’s iron ore operations in the Pilbara Region of Western Australia. Fluor booked about $500 million in the fourth quarter of 2009.

The Fluor SKM Iron Ore Joint Venture includes program management and engineering, procurement and construction management for elements of the mine, port and rail works.

Another Fluor deal is with Samsung C&T Corp. The company awarded an engineering and related management services contract for the Singapore LNG Terminal Project at Singapore’s Jurong Island. Samsung is the engineering, procurement and construction contractor to Singapore LNG Corp. Pte Ltd. Fluor booked the undisclosed contract value in 2009.

When completed, Singapore’s first liquefied natural gas (LNG) terminal is expected to produce 3.5 million tons of LNG annually.

Finally, Fluor is performing a feasibility study for a joint venture led by PetroChina Co. Ltd. The proposed 440,000 BPD refinery and 1.2 million tons-per-year petrochemicals complex will be in Taizhou, Zhejiang Province, China. The undisclosed contract was booked in 2009.

The feasibility study is being led by Fluor’s Shanghai and Houston operations centers with support from Beijing and Manila. The final feasibility study report is expected to be complete by end of this year. The PetroChina-led joint venture also includes Royal Dutch Shell PLC and the international arm of Qatar Petroleum.

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