Fluor wins Halliburton chemicals plant project in Saudi Arabia

21/02/2019 Argaam

US-based Fluor Corporation has secured a contract to provide engineering, procurement and construction (EPC) for the Halliburton Specialty Chemicals Manufacturing Reaction Plant in Saudi Arabia, the company said in a statement on Wednesday.

PlasChem Park, located in Jubail Industrial City II next to Sadara’s new manufacturing complex, is a 12 square kilometers industrial space dedicated for the chemical and conversion industries.

The facility will produce a wide range of specialty chemical products and intermediates to supply both the upstream and downstream oil and gas production industries.

"Having completed the front-end engineering design, we are pleased to undertake the design and construction of this major investment that accelerates Halliburton’s strategic expansion of its fast-growing specialty chemicals business,” Simon Nottingham, president of Fluor’s Energy & Chemicals business in Europe, Africa and the Middle East, said.

“Fluor will use its full integrated solutions portfolio and its local execution capabilities to optimize the design and deliver a capital-efficient project with schedule certainty,” he stated.

Fluor’s scope of work includes engineering, procurement, construction and commissioning.

Fluor booked the undisclosed contract value in the fourth quarter of 2018.


News

Prices

Aramco IPONew

Sectors

Companies

Financial Data

Financial Ratios

Analysts

IPOs

Economy

Mutual Funds

Projects

Interactive Charts