Fluor Corporation Company News

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Kazakhstan Wellhead Megaproject Gets Design
Tuesday, November 13, 2018 Fluor and others have developed one of the world's largest single 3D intelligent plant design models.

UK Refinery Cogen Project Goes to Fluor
Tuesday, October 30, 2018 The project scope includes design, procurement, construction and commissioning support for the new natural gas-fired combustion turbine generator system.

$14B LNG Canada Contract Goes to Fluor and JGC
Tuesday, October 02, 2018 An aerial view of the LNG Canada site in Kitimat, British Columbia, Canada. SOURCE: Business Wire.

Fluor Scores Another Texas Gulf Coast Contract Win
Monday, March 26, 2018 Fluor says that it's the company's fifth major construction project in Freeport in six years.

Fluor to Lead Engineering, Procurement for $2.4B Texas Project
Tuesday, October 10, 2017 Fluor gets another role in $2.4B LyondellBasell Texas project.

Fluor Wins Malaysia Isononanol Plant Contract
Monday, August 07, 2017 The chemical building block isononanol is used in plasticizers for automotive and building applications.

Fluor to Support FEED for Woodfibre Project Near Vancouver
Friday, February 17, 2017 Fluor signs a subcontract with JGC America to provide construction-related support to the FEED services for the Woodfibre LNG project.

TCO Awards EPCM Support Services Deal for Tengiz Expansion Project to KPJV
Tuesday, July 12, 2016 Tengizchevroil (TCO) awards an engineering, procurement and construction management support services contract for the Tengiz Expansion Project in Kazakhstan to KPJV.

Fluor, Construcap Hand Over Gas Facility in Brazil's Parnaiba Basin to PGN
Friday, February 26, 2016 The Fluor-Construcap partnership delivers a natural gas facility in Brazil's Parnaiba Basin to Parnaiba Gas Natural (PGN).

Fluor Corporation to Acquire 100% of Stork Holding B.V.
Monday, December 07, 2015 Fluor Corporation agrees to acquire 100% of Stork Holding B.V. for $755 million.

Fluor, COOEC Establish New Fabrication Joint Venture in China
Friday, August 21, 2015 Fluor and COOEC form a new fabrication joint venture in China.

CFPS Wins Engineering, Design Deal for Brazil's Parnaiba Basin Gas Project
Thursday, February 26, 2015 Fluor's joint venture firm CFPS secures an engineering and design contract from PGN for a gas field development in the Parnaiba Basin in Maranhao state in Brazil.

JGC-Fluor JV Bags EPC Contract for Kitimat LNG Plant
Tuesday, January 14, 2014 JGC and its joint venture partner Fluor has been awarded an engineering, procurement and construction services contract for the Kitimat liquefied natural gas plant to be built in British Columbia, Canada.

Fluor Bags $410M Contract to Provide Consulting Services to KOC
Tuesday, December 31, 2013 Fluor bags a $410 million contract to provide consulting services for Kuwait Oil Company's projects.

Suncor Awards Fluor Engineering Work at Alberta Proj.
Monday, October 29, 2012 Fluor has been awarded a contract by Suncor Energy to provide front-end project management and engineering services on the energy company's MacKay River Phase 2 oil sands project.

Fluor CFO to Retire in May
Wednesday, March 14, 2012 Fluor announced that after more than a decade of exceptional service in leading Fluor's finance functions, senior VP and CFO D. Michael Steuert will retire at the end of May.

Fluor Secures FEED Work for Nasr Field in Abu Dhabi
Wednesday, October 19, 2011 Fluor was awarded a FEED contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for new offshore facilities located at the Nasr Field.

Clough Downer Contract Win Marks CSG Division Breakthrough
Thursday, September 15, 2011 The Clough Downer Joint Venture has been awarded a circa $600MM unit rate re-measurable contract by Fluor for construction of pipelines, compression facilities and associated infrastructure relating to the Fairview component of the Santos GLNG proj.

Fluor Lands Caspian Pipeline Expansion Contract
Wednesday, August 17, 2011 Fluor has been awarded a contract by Chevron Neftegazone of three project managers engaged by the Caspian Pipeline Consortiumfor its recently announced expansion project.

Fluor Bags EPCM Services Contract for Woodside's AU Gas Assets
Tuesday, June 28, 2011 Fluor has finalized a major services agreement with Woodside Energy Limited to provide EPCM services for Woodside's operating assets.

Fluor Adjusts Senior Notes Conversion Rate
Monday, March 07, 2011 Fluor announced that the conversion rate applicable to its outstanding 1.5% Convertible Senior Notes due 2024 will be adjusted.

Fluor Wins FEED Contract for Woodside's Browse Development
Wednesday, February 23, 2011 Fluor was awarded a FEED contract by Woodside for the Browse Liquefied Natural Gas (LNG) Development.

Fluor Awarded Early Works Contract for ExxonMobil's Qurna Field
Wednesday, February 23, 2011 Fluor announced that ExxonMobil Iraq Limited has awarded the firm an early works program contract for the West Qurna (Phase I) field near Basra, Iraq.

Fluor Lands Santos LNG Work for $3.5B
Tuesday, January 18, 2011 Fluor was awarded an EPC contract by Santos for its Gladstone LNG project in Queensland, Australia.

Fluor, United Rentals Enter JV in North America
Monday, August 16, 2010 Fluor announced its AMECO unit has agreed to form a joint venture with United Rentals to offer comprehensive equipment and tool solutions for ongoing plant maintenance and turnaround activities.

Fluor Declares Quarterly Dividend
Friday, August 06, 2010 Fluor has declared a quarterly cash dividend of $0.125 per share.

Fluor Soars in 2Q with $9.3B in New Project Awards
Tuesday, July 27, 2010 New project awards for the second quarter were a record $9.3 billion, surpassing the company's previous high for a single quarter, well above the quarterly run rate of approximately $3 billion in the prior three quarters.

Fluor Subsidiary Selected to Support BP's Gulf Coast Cleanup
Thursday, June 24, 2010 Fluor's subsidiary, Plant Performance Services (P2S), was selected by BP to execute two contracts to support its Gulf Coast cleanup efforts.

Fluor Named PMC for Shah Gas Development Project
Monday, June 21, 2010 Fluor was named as Program Management Consultant (PMC) for the Shah Gas Development Project by Abu Dhabi Gas Development,

Fluor Secures Early Works Contract for Australian LNG Project
Friday, May 14, 2010 Santos appointed Fluor Australia as the preferred contractor to carry out Engineering, Procurement and Construction (EPC) of the upstream facilities component of the GLNG project.

Fluor: 1Q Results Consistent with Expectations
Monday, May 10, 2010 "Fluor's results for the quarter are consistent with our expectations for a delayed recovery as we go through 2010. We are encouraged by our significant prospect list that should allow the company to increase backlog in 2010," said Alan Boeckmann.

Fluor Reinforces Position in Middle East
Tuesday, May 04, 2010 Fluor announced that its Fluor Offshore Solutions unit has been awarded a FEED contract by Abu Dhabi Marine Operating Company for offshore facilities located at the Umm Lulu field about 30 kilometers northwest of Abu Dhabi in the Arabian Gulf.

Fluor Wins FEED Contract Offshore Abu Dhabi
Monday, May 03, 2010 Fluor announced that its Fluor Offshore Solutions unit has been awarded a FEED contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for offshore facilities located 120 kilometers off the northwest coast of Abu Dhabi City.

Fluor to Perform Gas Recovery Project for Qatargas
Wednesday, April 28, 2010 Fluor was awarded an EPCM contract by Qatargas as part of a project with a total capital expenditure of approximately $1 billion.

Fluor Secures Engineering Gig for Singapore LNG Project
Monday, March 01, 2010 Samsung C&T Corporation has awarded Fluor an engineering and related management services contract for the Singapore LNG Terminal Project at Singapore's Jurong Island.

Fluor, COOEC Form Offshore Alliance for Asia-Pacific O&G Projects
Friday, November 20, 2009 Fluor has entered into a formal alliance with Offshore Oil Engineering Corporation Ltd. in the pursuit of large offshore oil & gas projects in the Asia-Pacific region including China and Australia.

Coreworx Introduces Interface Management Offshore Solution
Wednesday, November 18, 2009 Fluor worked with Coreworx to develop the next generation product to improve upon their existing proven software, IMpart, and become an integrated part of the Fluor global project template.

Fluor's O&G Revenue Down by 11% in Third Quarter 2009
Tuesday, November 10, 2009 Fluor's Oil & Gas segment reported third quarter revenue of $2.9 billion, down 11 percent from the third quarter of 2008, while segment profit declined 8 percent to $189 million.

Fluor Names New Chief Operating Officer
Tuesday, November 10, 2009 Fluor's board of directors has elected David T. Seaton to the newly created position of chief operating officer.

Fluor Declares Quarterly Dividend
Monday, November 02, 2009 Fluor has declared a quarterly cash dividend of $0.125 per share on the company's common stock, payable January 5, 2010, to shareholders of record on December 4, 2009.

KBR Wins Saudi Aramco Shaybah Gas Project
Tuesday, September 22, 2009 Saudi Aramco has tapped KBR to develop a natural gas liquids program in the Shaybah oil field in Saudi Arabia.

Saudi Aramco to Award Deals on $6.9B Gas Devt Projects
Tuesday, September 01, 2009 Saudi Aramco may award two contracts this month to help implement gas projects worth up to $6.9 billion to meet soaring demand for gas in the Middle East's largest economy.

Fluor Reports 2Q Financial Results, New Awards of $6.8B
Tuesday, August 11, 2009 "Fluor's focus on specific near-term prospects in its diversified end markets has once again allowed us to record substantial new bookings in a very challenging economic environment," said Chairman and Chief Executive Officer Alan Boeckmann.

Fluor Secures Sakhalin-1 Chayvo Contract in Russia
Monday, August 10, 2009 Fluor announced that its Russian joint venture Sakhalin Neftegas Technology LLC was awarded a contract by Exxon Neftegas for expanding its Chayvo Onshore Processing Facility.

Nader Sultan Joins Fluor's Board of Directors
Tuesday, August 04, 2009 Fluor announced the election of Nader H. Sultan of Kuwait to its Board of Directors. Sultan fills the vacancy created by the resignation of Vilma S. Martinez upon her appointment as the United States Ambassador to Argentina on July 24, 2009.

Fluor, Global Industries Form Consortium to Pursue Offshore Projects
Tuesday, August 04, 2009 Fluor Offshore Solutions has joined forces on an exclusive basis with Global Industries to pursue offshore oil & gas projects in the Middle East and North Africa region.

Fluor Tapped for Santos' Gladstone LNG Upstream Project in Australia
Monday, July 27, 2009 Santos has selected Fluor for the front-end engineering and design services for its Gladstone Liquefied Natural Gas Upstream Project in Queensland, Australia.

Fluor to Collect $1.5B in 2009 from Kearl Oil Sands Gig
Tuesday, July 07, 2009 Fluor was awarded an engineering, procurement and construction contract for infrastructure and offlease facilities for the first phase of Imperial Oil's Kearl oil sands project.

Adnoc Delays Pipe on $10B Gas Devt; Schedule Uncertain
Wednesday, June 17, 2009 Adnoc has delayed plans to invite bids for the world's longest sulfur pipeline, casting doubts over the schedule of its crucial $10 billion Shah sour gas field development.

RasGas Recognizes Fluor for Phase 2 Safety Performance in Qatar
Monday, March 30, 2009 RasGas has recognized Fluor Corp. on its outstanding safety record for its work at the RasGas Phase 2 Onshore Expansion Project in Qatar.