Fluor Awarded Contract for Next Phase of Engineering and Design for Small Modular Reactor Power Plant in Romania
July 29 2024 - 4:11PM
Business Wire
Fluor Corporation (NYSE: FLR) announced today that it has signed
a contract with RoPower Nuclear for Phase 2 front-end engineering
and design (FEED) work at its small modular reactor (SMR) facility
in Doicesti, Romania. Fluor will recognize the contract as a new
award in the third quarter of 2024. Fluor completed Phase 1 FEED
work in the fourth quarter of 2023.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240729316115/en/
Standing (left to right): Teofil Muresan,
President & CEO of E-Infra; Cosmin Ghita, CEO of SNN; Sebastian
Burduja, Romanian Minister of Energy; Alexandru-Mihai Ghigiu, Head
of the Chancellery of the Prime Minister of Romania; Jennifer
Granholm, U.S. Secretary of Energy; Bonnie Jenkins, U.S. Under
Secretary of State. Seated (left to right): Pierre Bechelany,
President of Fluor’s LNG & Power business; Melania Amuza, CEO
of RoPower.
The project will utilize NuScale Power’s SMR technology to
generate carbon-free power, marking a significant milestone in
Romania’s advancement of clean energy initiatives.
A contract signing ceremony took place during the Partnership
for Transatlantic Energy and Climate Cooperation summit in
Bucharest, Romania, on Wednesday, July 24. The event was attended
by Fluor and NuScale representatives, as well as Romanian Minister
of Energy Sebastian Burduja and U.S. Secretary of Energy Jennifer
Granholm, emphasizing bilateral cooperation and the critical role
of SMR technology in addressing carbon free power needs and
enhancing energy security. The project has received substantial
support from both the Romanian and U.S. governments.
“We are pleased to continue our role in supporting this
important project to deploy the next generation of nuclear power to
produce clean and reliable baseload electricity for Romania and
Europe,” said Pierre Bechelany, President of Fluor’s LNG &
Power business. “When completed, this facility will be the first of
its kind in Europe.”
Fluor’s Phase 2 FEED work will customize a six-reactor SMR power
plant with NuScale technology, capable of producing up to 462
megawatts to European codes and standards. Fluor is the majority
investor in NuScale, the developer of the only SMR technology that
has received design approval from the U.S. Nuclear Regulatory
Commission.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is building a better world by
applying world-class expertise to solve its clients’ greatest
challenges. Fluor’s nearly 34,000 employees provide professional
and technical solutions that deliver safe, well-executed,
capital-efficient projects to clients around the world. Fluor had
revenue of $15.5 billion in 2023 and is ranked 265 among the
Fortune 500 companies. With headquarters in Irving, Texas, Fluor
has provided engineering, procurement and construction services for
more than a century. For more information, please visit
www.fluor.com or follow Fluor on Facebook, Instagram, LinkedIn, X
and YouTube.
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Brett Turner Media Relations 864.281.6976
Jason Landkamer Investor Relations 469.398.7222
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