Fluor Corporation (NYSE: FLR) announced today that the company was awarded a new project by Saudi Arabian Mining Company (Ma’aden). Fluor’s scope of work is to provide project management consulting (PMC) services related to the development of the Umm Wu’al greenfield phosphate project and related facilities in northern Saudi Arabia. Fluor will book approximately $200 million related to the contract in the fourth quarter of 2012. The project kick-off was commemorated at a contract signing ceremony held on December 1 in Saudi Arabia where Ma’aden representatives, local dignitaries and Fluor senior executives were present including Chairman & Chief Executive Officer David Seaton. Fluor’s scopes of work on the Umm Wu’al project will include the following areas:
- provide overall PMC services for the development of the Umm Wu’al phosphate project;
- supervise and manage the feasibility study including the development of basic design packages which is undertaken by FEED contractor;
- manage the development, strategy, and tendering of engineering, procurement and construction (EPC) packages; and
- manage and supervise all EPC contractors during EPC stage until project turnover closeout.
About FluorFluor 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.