Fluor Corporation (NYSE: FLR), in a joint venture with Technip, was
awarded an engineering, procurement and construction management contract
by PRPC Utilities and Facilities Sdn. Bhd. for the PETRONAS Refinery and
Petrochemical Integrated Development (RAPID) project located in
Pengerang, Johor, Malaysia. Under the contract, the Fluor and Technip
joint venture will be responsible for the utilities, interconnecting and
offsites scope of work. Fluor booked the contract in the third quarter
of 2014.
PRPC Utilities and Facilities Sdn. Bhd. is a subsidiary of PETRONAS
Refinery and Petrochemical Corporation Sdn. Bhd. (PRPC), a company under
the umbrella of Petroliam Nasional Berhad (PETRONAS) group, Malaysia’s
national oil and gas company.
“We are honored by the confidence that PRPC has shown in awarding our
team this additional work on the RAPID refinery project,” said Ken
Choudhary, president of Fluor’s Energy & Chemicals business in the
Asia region. “The RAPID project will have a significant positive impact
on the Malaysian economy.”
RAPID is part of the mammoth PETRONAS Pengerang Integrated Complex
development that is worth an estimated US$27 billion. It comprises RAPID
and its associated facilities including the Pengerang co-generation
plant, liquefied natural gas (LNG) re-gasification terminal, air
separation unit, the raw water supply project as well as other ancillary
facilities.
RAPID will consist of a 300,000-barrels-per-day refinery and
petrochemical complex with a combined capacity of producing 7.7 million
metric tons per year of various grades of products, including
differentiated and specialty chemicals products.
RAPID’s refinery start-up is expected by early 2019.
A Fluor-Technip consortium was awarded the Program Management
Consultancy contract for the RAPID project in December 2013.
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 more than
40,000 employees worldwide, the company's revenue for 2013 was $27.4
billion. Visit Fluor at www.fluor.com
and follow on Twitter @FluorCorp.
Fluor CorporationMedia RelationsBrian Mershon, 469-398-7621orEric Krantz, 281-263-6030orInvestor RelationsKen Lockwood, 469-398-7220orJason Landkamer, 469-398-7222