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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Fluor Corp | NYSE:FLR | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.47 | 0.94% | 50.69 | 50.71 | 49.97 | 50.30 | 565,016 | 20:46:18 |
Fluor Corporation (NYSE: FLR) is pleased to announce completion of the final weld on the first production train at the LNG Canada project, in Kitimat, British Columbia, Canada. This marks a pivotal moment in the construction of one of the largest energy projects in Canadian history.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240708384137/en/
Members of the Outside Battery Limits Closure Weld Team following completion of the final weld on the first production train at the LNG Canada project, in Kitimat, British Columbia, Canada. (Photo: Business Wire)
The final weld took 48 hours of continuous work from teams of welders working in shifts. More than 380 pipe welders have worked on the project since construction began in 2018.
Fluor and JGC Corporation make up the JGC-Fluor joint venture, which is delivering multiple aspects of the LNG Canada megaproject, including engineering, procurement, fabrication and delivery of modules, as well as construction of the project's infrastructure and utilities, marine structures and LNG storage tank.
“The significance of achieving the last weld to support Train One completion is a testament to the collaborative efforts of the JGC-Fluor project team, subcontractors and a skilled and dedicated workforce,” said Jim Breuer, President of Fluor’s Energy Solutions business. “We are now one step closer to the introduction of gas and start-up.”
LNG Canada is a joint venture between Shell, Petronas, PetroChina, Mitsubishi Corporation and Korea Gas Corporation. The project will have an initial capacity to produce 12.7 metric tonnes (14 million tons) of LNG per year with first shipment expected by the middle of 2025.
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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View source version on businesswire.com: https://www.businesswire.com/news/home/20240708384137/en/
Brett Turner Media Relations 864.281.6976 Jason Landkamer Investor Relations 469.398.7222
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