Fluor Selected as Project Management Contractor for OGPC Project in Azerbaijan

Wednesday, March 18, 2015 6:57 am EDT

Dateline:

IRVING, Texas & FARNBOROUGH, U.K.

Public Company Information:

NYSE:
FLR
US3434121022
"Fluor has demonstrated expertise in managing downstream megaprojects that will allow us to deliver the project on schedule while meeting safety, quality and cost objectives."

IRVING, Texas & FARNBOROUGH, U.K.--(BUSINESS WIRE)--The State Oil Company of Azerbaijan Republic (SOCAR), as a result of the bidding process, awarded Fluor Limited (NYSE: FLR) a contract to provide project management contractor services for its new oil-gas processing and petrochemical complex (OGPC) in Azerbaijan. Fluor will book the contract for an undisclosed value in the first quarter of 2015.

The OGPC megaproject has multiple interfaces not only between process units, utilities and offsite facilities, but also between the new gas processing and petrochemical facilities. The complex will be located on a greenfield site 60 kilometres southwest of Baku.

As the project management contractor, Fluor will support SOCAR’s selection and management of future contractors that will perform detailed engineering, procurement, construction, commissioning and start-up of the gas processing plant as well as front-end engineering design, detailed engineering, procurement, construction, commissioning and start-up of the petrochemical plants including associated offsite facilities.

“Fluor is proud to be selected by SOCAR as the project management contractor on this unique, world-scale project,” said Taco de Haan, president of Fluor’s Energy & Chemicals business for Europe, Africa and Middle East. “Fluor has demonstrated expertise in managing downstream megaprojects that will allow us to deliver the project on schedule while meeting safety, quality and cost objectives.”

The project will be performed from Fluor’s UK office in Farnborough where the company serves a wide range of industries including energy, chemicals, government, industrial, infrastructure, mining and power market sectors.

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 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 109 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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