Fluor wins key deal from Aramco-Dow JV
Irving, Texas, August 5, 2011
Saudi Aramco and Dow Chemical have awarded Fluor Corporation a reimbursable engineering, procurement and construction management (EPCM) contract for all of the utilities and offsites at their planned joint venture chemical complex in Jubail.
The complex will be owned and operated by the Sadara Chemical Company (Sadara), a joint venture to be formed by Saudi Aramco and Dow. Fluor booked the undisclosed value in the second quarter.
The new chemicals complex is expected to be the largest single-phase development in the world, with a planned investment of $20 billion. Ensuring that the utilities, offsites and infrastructure and interconnecting piping arrangements are timely is a vital component of this unprecedented project, a statement said.
Fluor's offices in Al-Khobar (Saudi Arabia); Farnborough (UK); Manila (Philippines); and Houston (US) will collaborate on delivering the contract requirements, it said.
Fluor has a long-standing relationship with Dow working on many successful projects over the past decades. This significant award has positioned Fluor to re-engage with Saudi Aramco and to continue working with Dow, it added.
Fluor designs, builds and maintains many of the world's most challenging and complex projects. The company provides comprehensive capabilities and world-class expertise in the fields of engineering, procurement, construction, commissioning, operations, maintenance and project management. -TradeArabia News Service