12/09/09
Utah DOT Selects Fluor-Led Team for $1.1 Billion Major Expansion of I-15 Corridor| IRVING, Texas, Dec 09, 2009 (BUSINESS WIRE) -- Fluor Corporation (NYSE: FLR) announced today that the Utah Department of Transportation (UDOT) selected Provo River Constructors, a Fluor-led joint venture, as the team with the best fixed-price, best-design proposal for the expansion of the I-15 Corridor Reconstruction (CORE) project. The proposed scope of work is along a 23-mile stretch of the existing interstate in Utah County, one of the fastest growing counties in the U.S. I-15 is the major no... |
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12/01/09
National Safety Council Selects AMECO for Best Safety Performance| IRVING, Texas--(BUSINESS WIRE)--Dec. 1, 2009--
AMECO, a unit of Fluor Corporation (NYSE: FLR), providing integrated
equipment and tool solutions to government and industry, announced today
that the National Safety Council (NSC) has recognized the firm with
multiple safety awards, most prominently, for its Industry Leader Award.
AMECO was recognized at the recent NSC 2009 Safety Congress and Expo in
Orlando, Fla., and was distinguished for achieving t... |
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11/19/09
Fluor Forms Offshore Alliance with COOEC|
New Alliance to Pursue Large Projects in China & Australia
IRVING, Texas--(BUSINESS WIRE)--Nov. 19, 2009--
Fluor Corporation (NYSE: FLR) announced today that it has entered into a
formal alliance with Offshore Oil Engineering Corporation Ltd. (COOEC),
a subsidiary of China National Offshore Oil Corporation Ltd. (CNOOC), in
the pursuit of large offshore oil & gas projects in the Asia-Pacific
region including China and Australia.
... |
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11/18/09
Fluor to Present at FBR Capital Markets 2009 Fall Investor Conference| IRVING, Texas--(BUSINESS WIRE)--Nov. 18, 2009--
Fluor Corporation’s Chairman and Chief Executive Officer, Alan
Boeckmann, will give a presentation to investors at the FBR Capital
Markets 2009 Fall Investor Conference in New York on Wednesday, December
2 at 9:15 a.m. Eastern Standard Time.
When:
December 2, 2009
... |
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11/11/09
Fluor Reaches 10 Million Safe Work Hours at Luminant's Oak Grove Project| IRVING, Texas--(BUSINESS WIRE)--Nov. 11, 2009--
Fluor Corporation (NYSE: FLR) announced today that Luminant’s Oak Grove
Power Plant project in Franklin, Texas, for which the firm is the
engineering, procurement and construction contractor, recently achieved
a significant safety milestone of 10 million safe work hours.
“The health and safety of our employees is one of Fluor’s core values.
We strive to deliver quality and schedule proficiency w... |
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11/09/09
Fluor Appoints David T. Seaton Chief Operating Officer| IRVING, Texas, Nov 09, 2009 (BUSINESS WIRE) -- Fluor Corporation (NYSE: FLR) announced today that its board of
directors has elected David T. Seaton to the newly created position of
chief operating officer. Chairman and Chief Executive Officer Alan
Boeckmann said the move is a key element of Fluor's ongoing strategy to
position and utilize key executives where they can most effectively
enhance client engagement, and continue to focus on operational
... |
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11/09/09
Fluor Reports Third Quarter Earnings|
2009 EPS Guidance Revised to Range of $3.75 - $3.90
2010 EPS Guidance Established at Range of $3.20 - $3.60
IRVING, Texas--(BUSINESS WIRE)--Nov. 9, 2009--
Fluor Corporation (NYSE: FLR) announced financial results for its third
quarter ended September 30, 2009. Revenue declined by 4 percent to $5.4
billion, compared with $5.7 billion in the third quarter of 2008, mainly
driven by decreases in the Oil & Gas a... |
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11/05/09
Fluor Wins New Iraq Contracts From U.S. Army Corps of Engineers| IRVING, Texas--(BUSINESS WIRE)--Nov. 5, 2009--
Fluor Corporation (NYSE:FLR) announced today that the company was
awarded three new contracts by the United States Army Corps of Engineers
(USACE) to provide life support services for its personnel and other
clients in Iraq. The contracts are valued in total at approximately $80
million and the scopes of work for all three contracts are expected to
be completed by the end of the third quarter 2010. Fluor... |
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11/03/09
Fluor Awarded Gas Storage Contract in The Netherlands|
Zero Emissions Facility to Provide Energy Security for European
Consumers
IRVING, Texas--(BUSINESS WIRE)--Nov. 3, 2009--
Fluor Corporation (NYSE:FLR) announced today that it was awarded a
contract by TAQA Energy B.V., a subsidiary of the Abu Dhabi National
Energy Company PJSC, for engineering, procurement and construction
management services (EPCM) for its Bergermeer Gas Storage project in the
North Holland province of The Netherlands.... |
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10/30/09
Fluor Corporation Announces Quarterly Dividend| IRVING, Texas--(BUSINESS WIRE)--Oct. 30, 2009--
Fluor Corporation's board of directors has declared a quarterly cash
dividend of $0.125 per share on the company's common stock, payable
January 5, 2010, to shareholders of record on December 4, 2009.
Fluor Corporation (NYSE: FLR) designs, builds and maintains many of the
world's most challenging and complex projects. Through its global
network of offices on six continents, the company provides ... |
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10/12/09
Fluor Power Plant Project for Newmont Mining in Nevada Receives PMI's 2009 Project of the Year|
Fluor Awarded Top Project Management Honor for Second Time in
Three Years
IRVING, Texas--(BUSINESS WIRE)--Oct. 12, 2009--
Fluor Corporation (NYSE: FLR) announced today that it was awarded the
Project Management Institute’s (PMI) 2009 Project of the Year Award for
work performed on Newmont Mining Corporation’s (NYSE: NEM) 242 megawatt
(MW) TS Power Plant project in Northern Nevada. The TS Power Plant
supports Newmont Nevada’s gold minin... |
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10/08/09
Fluor Corporation Announces Third Quarter Earnings Conference Call| IRVING, Texas--(BUSINESS WIRE)--Oct. 8, 2009--
Fluor Corporation (NYSE: FLR) announces it will hold a conference call
to review results for its third quarter ended September 30, 2009. The
public is invited to listen to the conference call on Monday, November
9, 2009, at 5:30 p.m. Eastern Standard Time with Alan Boeckmann,
Chairman and Chief Executive Officer, and Mike Steuert, Chief Financial
Officer. Financial results will be released after the mark... |
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09/17/09
Fluor Enables LDK Solar's Plant to Reach First Production in Only 20 Months|
World’s Largest Polysilicon Facility Boasts High Purity, Low
Energy Consumption and First-Rate Environmental Controls
IRVING, Texas--(BUSINESS WIRE)--Sep. 17, 2009--
Fluor Corporation (NYSE:FLR) announced today that it has helped LDK
Solar’s (NYSE:LDK) polysilicon plant in Xinyu City, China, to its first
successful production run. As the engineering, procurement and
construction management (EPCM) contractor, Fluor helped bring t... |
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09/15/09
Fluor Completes RasGas Common Offplot Projects in Qatar| IRVING, Texas, Sep 15, 2009 (BUSINESS WIRE) -- Fluor Corporation announced today that RasGas Company Limited has
recently recognized the firm for its successful completion of the RL3
Common Offplot Projects in Ras Laffan City, Qatar. Fluor began the $1.5
billion engineering, procurement and construction management project in
November 2005.
"Over the past three-plus years, our project team has consistently
demonstrated engineering and construction excellen... |
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09/14/09
ICA Fluor Wins $638 Million Clean Fuels Projects from PEMEX|
Cadereyta and Madero Refineries Undergo EPC Expansions
IRVING, Texas--(BUSINESS WIRE)--Sep. 14, 2009--
ICA Fluor, the industrial construction joint venture of Empresas ICA,
S.A.B. de C.V. (BMV and NYSE: ICA) and Fluor Corporation (NYSE: FLR),
announced today that Mexico’s state oil company PEMEX Refining has
awarded the company engineering, procurement and construction (EPC)
contracts for two low sulfur gasoline projects in Mexico. The $638
... |
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09/10/09
Fluor to Present at Barclays Capital Global Renewables Conference| IRVING, Texas, Sep 10, 2009 (BUSINESS WIRE) -- Dave Dunning, group president of Fluor Corporation's Power Group, will
give a presentation to investors at the Barclays Capital Global
Renewables Conference in Zurich, Switzerland on Thursday, September 17
at 9:50 a.m. Central European Summer Time (3:50 a.m. EDT).
When:
September 17, 2009
Time:
9:50 a.m. CEST (3:50 a.m. EDT)
... |
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09/08/09
Fluor Rebuilds Damaged Power Plant for ISAB Energy in Sicily| IRVING, Texas--(BUSINESS WIRE)--Sep. 8, 2009--
Fluor Corporation (NYSE: FLR) announced today that the company was
awarded an engineering, procurement and construction (EPC) contract by
ISAB Energy (ERG Group) for the reconstruction of one of its two 266
megawatt combined cycle gas turbine power trains in Priolo Gargallo,
Sicily, Italy. Train No. 1 was damaged during an accident at the site in
October of 2008 and is part of a two-train, 532 megawatt p... |
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08/31/09
Fluor Makes Management Changes to Savannah River Nuclear Solutions Leadership Team|
Chuck Munns to Retire; Garry Flowers Named President and CEO
IRVING, Texas--(BUSINESS WIRE)--Aug. 31, 2009--
Fluor Corporation (NYSE: FLR) announced today that it has made a
leadership change at Savannah River Nuclear Solutions (SRNS), LLC, a
Fluor-led team that is in charge of the management and operating (M&O)
contract at the Department of Energy’s Savannah River Site near Aiken,
S.C. Charles E. Munns, president and CEO of SRNS, announced t... |
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08/27/09
Fluor Completes Olefins II Project in Kuwait|
Project Exceeds 42 Million Safe Work Hours
IRVING, Texas--(BUSINESS WIRE)--Aug. 27, 2009--
Fluor Corporation (NYSE: FLR) announced today that the company completed
the multi-billion-dollar Olefins II Project for a joint venture of Dow
Chemical Company, Kuwait’s Petrochemical Industries Company (PIC),
Bubyan Petrochemical and Qurain Petrochemical Industries in Shuaiba,
Kuwait, approximately 25 miles south of Kuwait City.
Fluor b... |
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08/25/09
Fluor CEO Sells Stock During Open Trading Window| IRVING, Texas--(BUSINESS WIRE)--Aug. 25, 2009--
Fluor Corporation (NYSE: FLR) announced today that Alan Boeckmann,
Chairman and Chief Executive Officer, has sold a total of 90,000 of his
Fluor shares as part of his individual long-term asset diversification
strategy and to take advantage of existing capital gains tax rates. Mr.
Boeckmann’s stock sales were made over the last nine days during Fluor’s
open trading window and in accordance with Fluor’s ... |
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08/25/09
Fluor Wins Contract for eSolar Reference Plant| IRVING, Texas--(BUSINESS WIRE)--Aug. 25, 2009--
Fluor Corporation (NYSE: FLR) announced today that the company was
awarded an engineering services contract by eSolar, Inc., for the design
of a 46 megawatt concentrating solar power (CSP) plant. Fluor will
provide design optimization to rapidly scale eSolar’s 46 megawatt power
plants. The undisclosed contract value was booked in the company’s third
quarter of 2009.
“F... |
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08/19/09
NTTA Selects Fluor Team as Best Value Proposal for SH 161 Extension in Dallas/Fort Worth Region| IRVING, Texas--(BUSINESS WIRE)--Aug. 19, 2009--
Fluor Corporation (NYSE: FLR) announced today that Prairie Link
Constructors, a Fluor-led joint venture, was selected by the North Texas
Tollway Authority (NTTA) as the apparent best value proposal team for
the State Highway 161 Tollway, Phase 4 project in the greater
Dallas/Fort Worth (DFW) region.
The design-build contract value is expected to be in the range of $415
million. Fluor will... |
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08/10/09
Fluor Reports Second Quarter EPS of $0.93 and New Awards of $6.8 Billion| IRVING, Texas--(BUSINESS WIRE)--Aug. 10, 2009--
Fluor Corporation (NYSE: FLR) today announced financial results for its
second quarter ended June 30, 2009. Net earnings attributable to Fluor
were $169 million, or $0.93 per diluted share, compared with $208
million or $1.12 per diluted share for the same period last year.
Segment profit for the quarter was $309 million, compared with $392
million in the second quarter of 2008 which included a pre-tax ... |
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08/07/09
Fluor Secures Sakhalin-1 Chayvo Contract in Russia| IRVING, Texas--(BUSINESS WIRE)--Aug. 7, 2009--
Fluor Corporation (NYSE: FLR) announced today that its Russian joint
venture Sakhalin Neftegas Technology LLC was awarded a contract by Exxon
Neftegas Limited, on behalf of the Sakhalin-1 Consortium, for expanding
its Chayvo Onshore Processing Facility (OPF) located on Sakhalin Island
off the east coast of Russia. Fluor and SakhalinNIPImorneft are joint
venture partners in Sakhalin Neftegas Technology. F... |
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08/05/09
Stanski to Head Fluor Government Group; Hopkins to Lead Corporate Development| IRVING, Texas--(BUSINESS WIRE)--Aug. 5, 2009--
Fluor Corporation (NYSE: FLR) announced today that Bruce A. Stanski has
been named group president for Fluor’s Government business, which
includes work for the United States’ Departments of Defense, Energy,
Homeland Security and State, as well as the United Kingdom’s Nuclear
Decommissioning Authority.
In making the announcement, Fluor’s Chairman and Chief Executive
Officer, Alan Boeckmann,... |
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08/04/09
Nader Sultan Joins Fluor's Board of Directors; Vilma Martinez Resigns to Become U.S. Ambassador to Argentina| IRVING, Texas--(BUSINESS WIRE)--Aug. 4, 2009--
Fluor Corporation (NYSE:FLR) announced today the election of Nader H.
Sultan of Kuwait to its Board of Directors. Sultan fills the vacancy
created by the resignation of Vilma S. Martinez upon her appointment as
the United States Ambassador to Argentina on July 24, 2009. The size of
the Fluor board remains at 11 members, 10 of whom are independent
directors.
“Vilma has faithfully se... |
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08/03/09
Fluor Forms Consortium with Global Industries to Pursue Offshore Projects| Exclusive Agreement Brings Full Offshore Project Execution Services to Middle East & North Africa
IRVING, Texas--(BUSINESS WIRE)--Aug. 3, 2009--
Fluor Corporation (NYSE: FLR) announced today that Fluor Offshore
Solutions has joined forces on an exclusive basis with Global
Industries, Ltd. (NASDAQ: GLBL), a leading offshore construction firm,
to pursue offshore oil & gas projects in the Middle East and North
Africa (MENA) region.
The consorti... |
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07/31/09
Fluor Corporation Announces Quarterly Dividend| IRVING, Texas--(BUSINESS WIRE)--Jul. 31, 2009--
Fluor Corporation's board of directors has declared a quarterly cash
dividend of $0.125 per share on the company's common stock, payable
October 2, 2009, to shareholders of record on September 4, 2009.
Fluor Corporation (NYSE: FLR) designs, builds and maintains many of the
world's most challenging and complex projects. Through its global
network of offices on six continents, the company provides... |
|
07/27/09
Fluor Awarded FEED Contract for Santos Gladstone LNG Upstream Project in Australia| World's First Coal-Seam Gas to LNG ProjectBRISBANE, Australia, Jul 27, 2009 (BUSINESS WIRE) -- Fluor Corporation (NYSE: FLR) announced today that it was awarded a
contract to perform front-end engineering and design (FEED) services for
Santos Limited's (ASE: STO) Gladstone Liquefied Natural Gas (GLNG(R))
Upstream Project in Queensland, Australia. The company booked the $16
million contract in its second quarter of 2009.
"This is truly a unique engineering opportu... |
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07/21/09
Fluor Wins UK FEED Contract for Scottish & Southern Energy| IRVING, Texas--(BUSINESS WIRE)--Jul. 21, 2009--
Fluor Corporation (NYSE: FLR) announced today it was selected to conduct
front-end engineering and design (FEED) work for a nitrogen oxide
reduction program at the Fiddler’s Ferry Power Station in Warrington,
Cheshire, England. Fluor is currently performing preliminary engineering
and construction planning services for selective catalytic reduction of
emissions at Scottish & Southern Energy’s (SSE) four... |
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07/13/09
Fluor Corporation Announces Second Quarter Earnings Conference Call| IRVING, Texas--(BUSINESS WIRE)--Jul. 13, 2009--
Fluor Corporation (NYSE: FLR) announces it will hold a conference call
to review results for its second quarter ended June 30, 2009. The public
is invited to listen to the conference call on Monday, August 10, 2009,
at 5:30 p.m. Eastern Daylight Time with Alan Boeckmann, Chairman and
Chief Executive Officer, and Mike Steuert, Chief Financial Officer.
Financial results will be released after the market c... |
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07/09/09
Fluor Issues Inaugural Sustainability Report| IRVING, Texas--(BUSINESS WIRE)--Jul. 9, 2009--
Fluor Corporation (NYSE: FLR) today issued its first Sustainability
Report, which describes the company’s economic, environmental and social
policies, programs and performance for calendar year 2008. The report is
available online at http://www.fluor.com/sustainability/Pages/report.aspx.
“Actively engaging in issues that impact the world is not a new concept
at Fluor,” said Al... |
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07/08/09
U.S. Army Awards Fluor LOGCAP IV Task Order for Afghanistan| IRVING, Texas--(BUSINESS WIRE)--Jul. 8, 2009--
Fluor Corporation (NYSE:FLR) announced today that the company was
authorized to proceed by the U.S. Army Sustainment Command (ASC) to
provide services under Logistics Civil Augmentation Program (LOGCAP) IV
Task Order 5 to support the U.S. military in Afghanistan. The total
value of the task order is potentially more than $7 billion over five
years, which includes up to four, one-year options that may be ... |
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07/07/09
Fluor Secures Kearl Oil Sands Contract in Canada| New EPC Contract for First Phase of Imperial Oil's Kearl Project
IRVING, Texas--(BUSINESS WIRE)--Jul. 7, 2009--
Fluor Corporation (NYSE:FLR) announced today that it was awarded an
engineering, procurement and construction (EPC) contract for
infrastructure and offlease facilities for the first phase of Imperial
Oil’s Kearl oil sands project, a surface mining and bitumen extraction
operation located 70 kilometers northeast of Fort McMurray, Alberta. For
... |
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07/02/09
Fluor Chosen for Ethisphere's World's Most Ethical Companies List for Third Straight Year| IRVING, Texas--(BUSINESS WIRE)--Jul. 2, 2009--
Fluor Corporation (NYSE:FLR) announced today that it was named to the
World’s Most Ethical Companies list by the Ethisphere Institute, a
leading international think tank dedicated to the creation, advancement
and sharing of best practices in business ethics, corporate social
responsibility, anti-corruption and sustainability. The list recognizes
companies that go beyond the minimums and introduce new and... |
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07/01/09
Fluor Announces Its 1.50% Convertible Senior Notes Due 2024 Have Become Convertible| IRVING, Texas--(BUSINESS WIRE)--Jul. 1, 2009--
Fluor Corporation (NYSE: FLR) announced today that its 1.50% Convertible
Senior Notes due 2024 (Notes) are now convertible at the option of the
holders and will remain convertible through September 30, 2009, the last
trading day of the third fiscal quarter, as provided in the Indenture,
dated as of February 17, 2004, between Fluor and the Bank of New York,
as Trustee, as amended and supplemented by the F... |
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06/18/09
Fluor Selected by Tenaska for Trailblazer Energy Center in Texas| Fluor Begins Limited Engineering for Carbon Capture Coal Plant
IRVING, Texas--(BUSINESS WIRE)--Jun. 18, 2009--
Fluor Corporation (NYSE:FLR) announced today it was selected to begin
limited engineering for Tenaska’s Trailblazer Energy Center, a
supercritical coal-fired plant development equipped with carbon capture
technology in Sweetwater, Texas. Fluor and Tenaska have signed a
memorandum of understanding that will be the basis of a joint
Tenaska-Fl... |
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06/10/09
CRO Names Fluor To Best Corporate Citizen List| Sole Engineering-Construction Firm in Top 100
IRVING, Texas--(BUSINESS WIRE)--Jun. 10, 2009--
Fluor Corporation announced today that it was named a “Best Corporate
Citizen” by the Corporate Responsibility Officers Association (CRO) and
is the lone engineering & construction firm on CRO’s Top 100 list.
Companies were ranked based on factors including transparency,
environmental performance, climate change, human rights, philanthropy,
employee relatio... |
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05/26/09
Fluor to Present at Credit Suisse 2009 Engineering & Construction Services Conference| IRVING, Texas--(BUSINESS WIRE)--May. 26, 2009--
Fluor Corporation’s Chairman and Chief Executive Officer, Alan
Boeckmann, will give a presentation to investors at the Credit Suisse
Engineering & Construction Services Conference in New York on Thursday,
June 4 at 8:20 a.m. Eastern Daylight Time.
When:
June 4, 2009
... |
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05/21/09
ICA Fluor Awarded $268 Million Cryogenic Plant Project by Pemex Gas| IRVING, Texas--(BUSINESS WIRE)--May. 21, 2009--
ICA Fluor, the industrial construction joint venture of Empresas ICA,
S.A.B de C.V. (BMV and NYSE: ICA) and Fluor Corporation (NYSE:
FLR), today announced that Pemex Gas y Petroquímica Básica has awarded a
project to a consortium of ICA Fluor and Linde Process Plants for the
construction of a cryogenic plant at the Poza Rica Gas Processing
Complex in the State of Veracruz. Fluor will book its share of t... |
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05/19/09
Fluor Receives Prestigious UK Safety Award| Company Presented with Order of Distinction and 18th Consecutive Gold AwardLONDON, May 19, 2009 (BUSINESS WIRE) -- Fluor Limited, the U.K. operating arm of Fluor Corporation (NYSE: FLR),
announced today that it was awarded the eminent Royal Society for the
Prevention of Accidents (RoSPA) Order of Distinction. The award is
presented to organisations and companies that have consistently
maintained high standards of safety as recognised by Fluor Limited's
eig... |
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05/14/09
Fluor Forms Renewable Energy Business Line| Focus on Global Solar, Wind and Biomass Power Generation Needs
IRVING, Texas--(BUSINESS WIRE)--May. 14, 2009--
Fluor Corporation (NYSE: FLR) announced today the formation of a
dedicated business line within its Power Group to focus on global
renewable energy needs specifically for clients in the solar, wind and
biomass sectors. Fluor’s additional Power business line is a perfect
complement to its existing nuclear, gas fueled, solid fueled and air
qu... |
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05/11/09
Fluor Reports 50 Percent Increase in First Quarter Earnings| IRVING, Texas--(BUSINESS WIRE)--May. 11, 2009--
Fluor Corporation (NYSE: FLR) today announced financial results for its
first quarter ended March 31, 2009. Net earnings attributable to Fluor
for the first quarter rose 50 percent to $205 million, up sharply from
$137 million in the first quarter of 2008. Earnings per diluted share
were $1.12, up 51 percent from $0.74 per diluted share for the same
period last year. Segment profit for the quarter grew ... |
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05/06/09
Fluor Corporation Announces Quarterly Dividend| IRVING, Texas, May 06, 2009 (BUSINESS WIRE) -- Fluor Corporation's board of directors has declared a quarterly cash
dividend of $0.125 per share on the company's common stock, payable July
2, 2009, to shareholders of record on June 5, 2009.
Fluor Corporation (NYSE: FLR) designs, builds and maintains many of the
world's most challenging and complex projects. Through its global
network of offices on six continents, the company provides comprehensive
capabil... |
|
04/15/09
Fluor and Airtricity Form New Consortium for Round 3 of UK Wind Farm Programme| Team behind World's Largest Offshore Wind Farm Establishes Seagreen Wind Energy
LONDON--(BUSINESS WIRE)--Apr. 15, 2009--
Fluor Limited, the UK operating arm of Fluor Corporation (NYSE: FLR),
announced today that it has formed Seagreen Wind Energy Limited with
Airtricity, the renewable energy division of Scottish and Southern
Energy. Seagreen Wind Energy has bid for the exclusive rights to develop
wind farms under The Crown Estate’s Round 3 Offshore Wind Fa... |
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04/13/09
Fluor Corporation Announces First Quarter Earnings Conference Call| IRVING, Texas--(BUSINESS WIRE)--Apr. 13, 2009--
Fluor Corporation (NYSE: FLR) announces it will hold a conference call
to review results for its first quarter ended March 31, 2009. The public
is invited to listen to the conference call on Tuesday, May 12, 2009, at
9:00 a.m. Eastern Daylight Time with Alan Boeckmann, Chairman and Chief
Executive Officer, and Mike Steuert, Chief Financial Officer. Financial
results will be released after the market clo... |
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04/07/09
Fluor Selected for SaskPower Carbon Capture Engineering| Features Fluor's Econamine FG PlusIRVING, Texas, Apr 07, 2009 (BUSINESS WIRE) -- Fluor Corporation announced today that it was awarded front-end
engineering for CO2 capture for the SaskPower Boundary Dam
Integrated Carbon Capture and Sequestration Demonstration project in
Estevan, Saskatchewan, Canada. The contract value for the first quarter
award was not disclosed. If the project proceeds as planned, it would be
the first commercial-scale carbon capture ... |
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04/02/09
Fluor Awarded EPC Contract by Dominion Virginia Power| IRVING, Texas--(BUSINESS WIRE)--Apr. 2, 2009--
Fluor Corporation (NYSE: FLR) announced today that it was awarded a
contract for engineering, procurement and construction (EPC) for
Dominion Virginia Power’s (NYSE: D) new 580 megawatt gas-fired,
combined-cycle Bear Garden Power Station west of Richmond in Buckingham
County, Va. Fluor will book the undisclosed contract value in the first
quarter of 2009. Dominion Virginia Power said its total project
... |
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03/30/09
RasGas Notes Fluor's Outstanding Safety Performance| More Than 45 Million Incident-Free Work Hours
IRVING, Texas--(BUSINESS WIRE)--Mar. 30, 2009--
Fluor Corporation announced today that RasGas Company Limited has
recently recognized the firm for its outstanding safety record for its
work on the RL 3 Common Offplot Projects in Ras Laffan City, Qatar.
Fluor was formally recognized for its health, safety and environment
(HSE) milestone of more than 45 million incident-free work hours along
with other fir... |
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03/23/09
Fluor Announces Senior Management Changes| Seaton Appointed Senior Group President
IRVING, Texas--(BUSINESS WIRE)--Mar. 23, 2009--
Fluor Corporation (NYSE: FLR) announced today the appointment of David
T. Seaton to the position of Senior Group President. In this new
capacity Seaton will oversee the company’s Energy & Chemicals, Power and
Government Business Groups.
Seaton becomes one of two senior-level operations executives reporting
to Chairman and Chief Executive Officer, Alan L. ... |
|
03/20/09
Fluor Announces Cancellation of Kuwaiti Refinery Contract| IRVING, Texas--(BUSINESS WIRE)--Mar. 20, 2009--
Fluor Corporation (NYSE: FLR) today announced that it has received
notification from Kuwait National Petroleum Company (KNPC) to stop work
on the utilities and offsites for the al-Zour refinery. Fluor has
approximately 300 employees performing engineering work on the project.
The remaining contract value of approximately $2.1 billion will be
removed from the company’s backlog in the first quarter.
... |
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03/03/09
AMECO Reaches 25 Million Safe Work Hours| Irving, TX, March 3, 2009 – AMECO, a unit of Fluor Corporation (NYSE: FLR), providing
integrated equipment and tool solutions to government and industry, announced today that its has
achieved 25 million safe work hours with no lost-time injuries for nearly eight years from March
1, 2001 to January 1, 2009. AMECO’s global workforce totals more than 1,900 employees.
“AMECO employees continue to set the safety standard in our industry,” said Gary Bernardez,
president of AMECO. “Safety remain... |
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02/25/09
Fluor Posts Record Performance for 2008| 4TH Quarter EPS $1.04; Full Year 2008 EPS $3.93 4TH Quarter New Awards $4.2 Billion; Full Year 2008 $25.1 Billion IRVING, Texas, Feb 25, 2009 (BUSINESS WIRE) -- Fluor Corporation (NYSE: FLR) today announced record financial results
for its fiscal year ended December 31, 2008. Net earnings for 2008 rose
35 percent to a record $720 million, or $3.93 per diluted share,
compared with $533 million, or $2.93 per diluted share in 2007.
Consolidated operating profit f... |
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02/19/09
Fluor-Built Power Plant Named "Top Plant" by Power Magazine| IRVING, Texas--(BUSINESS WIRE)--Feb. 19, 2009--
Fluor Corporation (NYSE: FLR) announced today that its 242-megawatt
power project for Newmont Mining Corp. in Eureka County, Nev., was named
a “Top Plant” by Power magazine. As the
engineering-procurement-construction (EPC) contractor, Fluor helped
drive the project to successful completion, which led to performance
testing 10 weeks early with full load being achieved a mere 27 days
a... |
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02/18/09
Fluor to Build Galp Energia's Portugal Refinery| IRVING, Texas--(BUSINESS WIRE)--Feb. 18, 2009--
Fluor Corporation (NYSE: FLR) announced today that it has been awarded
an engineering, procurement and construction (EPC) contract for Galp
Energia’s Porto Refinery Conversion project in Portugal. Fluor began the
front-end engineering and design (FEED) work in October 2007, which
included conceptual engineering, front-end loading and early procurement
of key equipment. The total installed cost of ... |
|
02/16/09
Fluor and Airtricity Granted Exclusivity to Develop Offshore Wind Farm in Scottish Waters| LONDON--(BUSINESS WIRE)--Feb. 16, 2009--
Fluor Corporation (NYSE: FLR) announced today that its UK division,
Fluor Limited, and Airtricity, the renewable energy division of Scottish
and Southern Energy, have been granted an exclusivity award by The Crown
Estate to develop an offshore wind farm at Bell Rock off Scotland’s
Angus coastline.
During the next year Fluor and Airtricity will work with a variety of
local authorities, st... |
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02/10/09
Fluor Joint Venture Wins Denali Gas Treatment Plant Contract| Pre-FEED Project for World's Largest Gas Treatment Plant
IRVING, Texas--(BUSINESS WIRE)--Feb. 10, 2009--
Fluor Corporation (NYSE: FLR) announced today that its joint venture,
Fluor WorleyParsons Arctic Solutions, has been awarded an engineering
contract by Denali—The Alaska Gas Pipeline LLC, for its Gas Treatment
Plant (GTP). The engineering contract is a preliminary front-end
engineering and design effort (pre-FEED) that will be led from the
firm’s... |
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02/09/09
Fluor-Led Offshore Project Reaches First Gas| Poinsettia Largest Offshore Platform Installed in Trinidad and Tobago Waters
IRVING, Texas--(BUSINESS WIRE)--Feb. 9, 2009--
Fluor Corporation (NYSE: FLR) announced today that its consortium with
J. Ray McDermott has successfully installed and reached first gas on its
production platform for BG Trinidad and Tobago. Fluor provided the
4,267-ton topsides and all gas production facilities for this Poinsettia
project with J. Ray McDermott providing the jacket. ... |
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02/05/09
Fluor Corporation Announces Quarterly Dividend| IRVING, Texas--(BUSINESS WIRE)--
Fluor Corporation's board of directors has declared a quarterly cash
dividend of $0.125 per share on the company's common stock, payable
April 2, 2009, to shareholders of record on March 6, 2009.
Fluor Corporation (NYSE: FLR) provides services on a global basis in the
fields of engineering, procurement, construction, operations,
maintenance and project management. Headquartered in Irving, Texas,
Fluor i... |
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01/26/09
Fluor Executives and Government Dignitaries Break Ground for New UK Headquarters| New UK Operations Centre to Be Located at IQ Farnborough
LONDON--(BUSINESS WIRE)--Jan. 26, 2009--Fluor Corporation (NYSE: FLR) announced today that several of its senior
executives, along with notable UK Government officials, local
dignitaries and SEGRO executives participated in the official
groundbreaking ceremony for Fluor's new UK headquarters in Farnborough.
In November 2008, Fluor announced the relocation of its UK operations
centre to SEGRO'... |
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01/22/09
Fluor Corporation Announces Fourth Quarter Earnings Conference Call| IRVING, Texas--(BUSINESS WIRE)--Jan. 22, 2009--Fluor Corporation (NYSE: FLR) announces it will hold a conference call
to review results for its fourth quarter and year ended December 31,
2008. The public is invited to listen to the conference call on
Wednesday, February 25, 2009, at 5:30 p.m. Eastern Standard Time with
Alan Boeckmann, Chairman and Chief Executive Officer, and Mike Steuert,
Chief Financial Officer. Financial results will be released after th... |
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01/14/09
Fluor Notifies Holders of Its 1.50% Convertible Senior Notes Due 2024 of Their Purchase Option| IRVING, Texas--(BUSINESS WIRE)--Jan. 14, 2009--Fluor Corporation (NYSE: FLR) announced that holders of its 1.50%
Convertible Senior Notes due 2024 (Notes) have the option to require
Fluor to purchase their Notes on February 17, 2009 (Purchase Date) at a
purchase price in cash of 100 percent of the principal amount of the
Notes plus accrued and unpaid interest, if any, to (but excluding) the
Purchase Date. The Purchase Date is an Interest Payment Date under ... |
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01/13/09
Fluor Aids Successful Startup of China's Bohai Bay Peng Lai 19-3 Offshore Oil Field| Global E&C Firm Provides Engineering, Procurement and Construction Support
IRVING, Texas--(BUSINESS WIRE)--Jan. 13, 2009--Fluor Corporation (NYSE: FLR) announced today that it has assisted in
the successful startup of production Platform B, one part of Peng Lai
(PL) 19-3 blocks' Phase 2 project located in China's Bohai Bay. Bohai
Bay's PL 19-3 oil field Platforms D and E are expected to come online in
2009. The operation of these platforms is expected to boost th... |
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01/08/09
ICA Fluor Wins Offshore Platform Project| IRVING, Texas--(BUSINESS WIRE)--Jan. 8, 2009--Fluor Corporation (NYSE: FLR) announced today that its Mexico-based
industrial construction joint venture company ICA Fluor (NYSE: ICA)
(BMV: ICA) was awarded a $51 million contract by Pemex Exploration and
Production for the construction of two lightweight offshore platforms
for the Cantarell production field in the Gulf of Mexico. The award was
booked into backlog in fourth quarter of 2008.
ICA ... |
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