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Fluor Awarded Offshore Compression Platform FEED by BP
Public Company Information:
.@FluorCorp awarded offshore compression platform FEED contract by BP in Trinidad and TobagoTweet this
IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE:FLR) announced today that it was selected by BP Trinidad and Tobago (BP) to perform the front-end engineering and design (FEED) for the Cassia Compression Project off the east coast of Trinidad and Tobago. Fluor booked the undisclosed contract value into backlog in the first quarter of 2017.
Fluor’s scope includes the design of a new offshore gas compression platform, new connecting bridge and modifications to the existing Cassia hub. The platform will compress gas produced from the existing Cassia platforms.
“Fluor has 50 years of experience developing some of the world’s most complex offshore projects, including several BP facilities in Trinidad and Tobago,” said Mark Fields, president of Fluor’s Energy & Chemicals business in the Americas. “In addition, our Stork division currently provides maintenance, modification and asset integrity services to BP’s offshore assets there. With a focus on maximizing local content, we will deliver a safe, reliable and capital-efficient solution to BP.”
“As the project advances, Fluor will use its integrated solution model to support the project,” said John Harrower, executive director of offshore operations for Fluor. “Benefits of this model include an improved design through fabrication and maintenance team engagement in the design process, reduced costs through the global sourcing of major equipment and improved execution through Fluor and Stork’s extensive in-country experience and use of local resources.”
FEED activities are expected to be completed in 2017 with first gas expected in 2020.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company that designs, builds and maintains capital-efficient facilities for its clients on six continents. For more than a century, Fluor has served its clients by delivering innovative and integrated solutions across the globe. With headquarters in Irving, Texas, Fluor ranks 155 on the FORTUNE 500 list with revenue of $19 billion in 2016 and has more than 60,000 employees worldwide. For more information, please visit www.fluor.com or follow us on Twitter @FluorCorp.