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FLR Fluor Corp

41.30
0.89 (2.20%)
03 May 2024 - Closed
Delayed by 15 minutes
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
  0.89 2.20% 41.30 41.35 40.36 40.78 1,652,577 00:56:09

Fluor Wins LNG Terminal Contract in Rotterdam

15/07/2014 1:15pm

Business Wire


Fluor (NYSE:FLR)
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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

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