Fluor Corp.
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About
Founded in 1912, Fluor Corp. (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 164 on the Fortune 500 list with revenue of $19.2 billion in 2018 and has more than 53,000 employees worldwide.
Transactions
Fluor To Buy Dutch Rival Stork For $755 Million
Fluor To Buy Dutch Rival Stork For $755 Million
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News
Nuclear in a Box: Mobile Nuclear Reactors May Answer Permian’s Power Ask
A top Permian producer has signed up for a small-footprint nuclear plant. A top pressure-pumper has invested in the developer. Industry members say interest in Permian nuclear is hot.
Fluor Completes Module Fabrication on LNG Canada Project
Fluor Corp. has completed the module fabrication program on its LNG Canada JV project, a significant milestone that allows the project to continue on its course toward its planned initial LNG shipment mid-decade.
Fluor Carbon Capture Tech Selected for Canadian Renewable Diesel Complex
Fluor signed an agreement for its Econamine FG Plus carbon capture technology to be used at FCL’s co-op renewable diesel complex in Canada.
What Is The Emergency Oil Stash Biden May Tap To Counter Inflation?
The reserve currently holds about 606 million barrels (MMbbl) in dozens of caverns in four heavily guarded locations on the Louisiana and Texas coasts.
Fluor to Shift Focus Toward ‘Nontraditional’ Oil and Gas Segments
In the Irving, Texas-based company’s plan aimed at driving value creation, Fluor said it expects to make “nontraditional” oil and gas projects 70% of its revenue by 2023.
Fluor Corp. Appoints David Constable as CEO
Fluor Corp. has named David E. Constable, a member of the Fluor board of directors, as CEO, effective January 1, 2021. Constable succeeds Carlos Hernandez, who will retire as CEO and a member of the company’s board at the end of the year.
Fluor Names Joe Brennan as CFO Following Mike Steuert’s Retirement
The appointment of Joe Brennan as Fluor’s CFO took effect July 22. To assist with the transition, Mike Steuert has agreed to remain with the company as a senior adviser through year-end 2020.
Fluor Wins FEED Contract for California Carbon Capture Project
Fluor Corp. has been awarded a FEED contract on July 21 for California Resources Corp.’s (CRC) carbon capture and sequestration project, Cal Capture, at the 550-megawatt, natural gas-powered Elk Hills Power Plant in Tupman, California.
Fluor Wins Engineering Services Agreement For KPO Projects In Kazakhstan
KPO is a joint venture with Shell (29.25%), Eni (29.25%), Chevron (18%), LUKOIL (13.5%) and KazMunaiGas (10%).
TechnipFMC, JGC, Fluor Consortium Wins Rovuma LNG Project Contract In Mozambique
TechnipFMC said Oct. 9 that JFT—a consortium between JGC Corp., Fluor Corp. and TechnipFMC—has been awarded an engineering, procurement and construction (EPC) contract by Mozambique Rovuma Venture S.p.A. (MRV) for the Rovuma LNG onshore production complex project located in Cabo Delgado, Mozambique.
Fluor Appoints Carlos Hernandez As CEO
Fluor Corp.’s board of directors has confirmed the appointment of Carlos M. Hernandez as CEO and named him a member of the board of the company on May 16.
Bechtel, Fluor Bid For NextDecade’s Rio Grande LNG Project
NextDecade Corp. said April 22 it has received bid packages from each of Bechtel Oil, Gas, and Chemicals Inc. and Fluor Corp., two of the global LNG market’s leading engineering, procurement, and construction (EPC) contractors.