Fluor Wins LNG Terminal Contract in Rotterdam
July 15 2014 - 8:15AM
Business Wire
Fluor Corporation (NYSE: FLR) was awarded a contract by Gate
Terminal BV, a subsidiary of Dutch Vopak and Gasunie, to design and
build a liquefied natural gas (LNG) break bulk terminal in
Rotterdam, the Netherlands. Fluor booked the contract for an
undisclosed value in the second quarter of 2014.
Fluor will provide engineering, procurement and construction
management services for the jetty, loading facilities, boil-off gas
compressors, connection to the LNG terminal and other
facilities.
“This is an excellent opportunity for Fluor to deliver its
engineering, procurement and construction expertise for gas
projects in Europe,” said Taco de Haan, president of Fluor’s Energy
& Chemicals business for Europe, Africa and the Middle East.
“This project will help address Northern Europe’s growing need for
LNG as a transportation fuel.”
Break bulk terminals split up large-scale LNG shipments into
smaller quantities to facilitate the distribution of LNG to be used
as fuel for ships and heavy trucks.
Fluor’s office in Spain, which has completed LNG projects
globally, will be responsible for executing the project.
Gate Terminal anticipates the terminal will be ready for
operation in 2016.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is a global engineering and
construction firm that designs and builds some of the world's most
complex projects. The company creates and delivers innovative
solutions for its clients in engineering, procurement, fabrication,
construction, maintenance and project management on a global basis.
For more than a century, Fluor has served clients in the energy,
chemicals, government, industrial, infrastructure, mining and power
market sectors. Headquartered in Irving, Texas, Fluor ranks 109 on
the FORTUNE 500 list. With more than 40,000 employees worldwide,
the company's revenue for 2013 was $27.4 billion. Visit Fluor at
www.fluor.com and follow on Twitter @FluorCorp.
Fluor CorporationMedia Relations:Brian Mershon,
469-398-7621orEric Krantz, 281-263-6030orInvestor Relations:Ken
Lockwood, 469-398-7220orJason Landkamer, 469-398-7222
Fluor (NYSE:FLR)
Historical Stock Chart
From Mar 2024 to Apr 2024
Fluor (NYSE:FLR)
Historical Stock Chart
From Apr 2023 to Apr 2024