Fluor Corporation (NYSE: FLR) announced today that it 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 near Fort McMurray, Alberta, Canada. Fluor booked the contract into backlog in the third quarter of 2012 for an undisclosed value.
“This project is an excellent opportunity for Fluor to continue providing our engineering and design expertise on high profile oil sands projects,” said Peter Oosterveer, president of Fluor’s Energy and Chemicals Group. “This region in northern Alberta serves as a significant oil resource for North America and it continues to play a key role in Fluor’s energy business.”
Fluor’s design will include the use of its patent-pending 3 rd Generation Modular Execution approach to perform the project. The modules will be fabricated offsite and delivered to the jobsite to increase project safety, quality and improve schedule delivery.
The design will be completed by Fluor’s office in Calgary, Alberta, with support from its offices in the Philippines.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 100 th 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.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV