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Fluor Awarded Halliburton Chemicals Project in Saudi Arabia
Public Company Information:
.@FluorCorp awarded Halliburton chemicals project in #SaudiArabia #BuildingProsperity #EmpoweringProgressTweet this
IRVING, Texas & AL KHOBAR, Saudi Arabia--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that it was awarded the engineering, procurement and construction of the Halliburton Specialty Chemicals Manufacturing Reaction Plant located in the PlasChem Park, Jubail, Saudi Arabia. Fluor booked the undisclosed contract value in the fourth quarter of 2018.
“Having completed the front-end engineering design, we are pleased to undertake the design and construction of this major investment that accelerates Halliburton’s strategic expansion of its fast-growing specialty chemicals business,” said Simon Nottingham, president of Fluor’s Energy & Chemicals business in Europe, Africa and the Middle East. “Fluor will use its full integrated solutions portfolio and its local execution capabilities to optimize the design and deliver a capital-efficient project with schedule certainty.”
The new chemicals facility will produce a wide range of specialty chemical products and intermediates to supply both the upstream and downstream oil and gas production industries. Fluor’s scope includes engineering, procurement, construction and commissioning.
Fluor’s Al Khobar office in Saudi Arabia will lead the project with the team that performed the previous front-end engineering design contract and will be supported by Fluor’s global chemicals experts.
PlasChem Park, located in Jubail Industrial City II next to Sadara’s new manufacturing complex, is a 12-square-kilometer (4.6 square miles) industrial space dedicated for the chemical and conversion industries.
About Fluor Corporation
Founded in 1912, Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company that transforms the world by building prosperity and empowering progress. Fluor serves its clients by designing, building and maintaining safe, well executed, capital-efficient projects around the world. With headquarters in Irving, Texas, Fluor ranks 153 on the Fortune 500 list with revenue of $19.5 billion in 2017 and has more than 56,000 employees worldwide. For more information, please visit www.fluor.com or follow Fluor on Facebook, Twitter, LinkedIn and YouTube.