World’s First Oil Sands Carbon Capture & Storage (CCS) Project
Fluor Corporation (NYSE: FLR) announced today that Shell selected the
firm as its engineering, procurement and construction (EPC) contractor
for Shell’s carbon capture facility for its flagship Carbon Capture and
Storage (CCS) Quest project at the Athabasca Oil Sands project in
Alberta, Canada. The Quest project is being built on behalf of the
Athabasca Oil Sands Project joint venture owners (including Shell,
Chevron and Marathon Oil) with support from the Canadian and Alberta
governments. Fluor booked the undisclosed contract value in the third
quarter.
“Shell’s confidence in choosing Fluor as its EPC contractor for this
first-of-its-kind CCS project is a testament to our long-term,
successful business relationships established by building Shell projects
in Canada and throughout the world,” said Peter Oosterveer, president of
Fluor’s Energy & Chemicals Group. “Fluor has more than two decades of
experience with carbon capture technologies and the Canadian oil sands
industry, so this unique opportunity will demonstrate our project
execution abilities to bring clean energy to the marketplace. The use of
CCS technology will allow our customers to address their carbon
footprint and sustainability needs.”
The Athabasca Oil Sands Project produces bitumen, which is piped to
Shell’s Scotford Upgrader. Fluor will provide full EPC services using
its patent-pending and innovative 3rd Gen Modular Execution
approach for a 1.1 million tonne-per-year carbon capture facility at the
Scotford Upgrader near Edmonton, Alberta. Captured carbon dioxide will
be sent about 80 kilometers from the facility via underground pipeline
to an underground storage site. Fluor has been providing preliminary
services and front-end engineering and design for Quest since 2009.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) designs, builds and maintains many of the
world's most challenging and complex projects. Founded in 1912, the
company was started by John Simon Fluor Sr. with a modest investment of
$100. Since those humble beginnings, the company has grown into one of
the largest engineering & construction companies in the world. Fluor is
celebrating its 100th anniversary during 2012.
Today, through its global network of offices on six continents, the
company provides comprehensive capabilities and world-class expertise in
engineering, procurement, construction, commissioning, operations,
maintenance and project management. Headquartered in Irving, Texas,
Fluor is a FORTUNE 200 company and had revenue of $23.4 billion in 2011.
For more information, visit www.fluor100.com
and www.fluor.com.
Fluor CorporationMedia Relations:Keith Stephens, 469-398-7624orBrian Mershon, 469-398-7621orInvestor Relations:Ken Lockwood, 469-398-7220orJason Landkamer, 469-398-7222