Fluor Awarded Cutbank Ridge Partnership Sweet Gas Plant Project in Canada
February 08 2016 - 3:33PM
Business Wire
Fluor Corporation (NYSE: FLR) announced today that the Cutbank
Ridge Partnership selected Fluor to execute engineering,
procurement and construction management (EPCM) for Saturn 15-27
Phase 2 Sweet Gas Plant Project near Dawson Creek, British
Columbia, Canada. Fluor booked the undisclosed contract value in
the fourth quarter of 2015.
The project is part of the Cutbank Ridge Partnership Program to
develop natural gas and natural gas liquid (NGL) production, with
three similar projects: Sunrise 04-26, Tower 03-07 and Saturn 15-27
Phase 2. Fluor is currently executing the EPCM for all three
projects.
“Fluor has been supporting these projects since the initial
conceptual stages, and we look forward to taking them through the
EPCM phase and delivering the completed facilities,” said Jim
Brittain, president of Fluor’s Energy & Chemicals business in
the Americas. “We will leverage the best practices and synergies
gained from each of the projects to deliver a capital-efficient
solution to the Cutbank Ridge Partnership.”
The new facilities will receive sweet natural gas, remove water
and hydrocarbons, chill and compress the gas to meet transmission
pipeline requirements and recover NGL from the gas streams. The
plants will have the capacity to process a combined additional 800
million cubic feet of gas per day.
The Cutbank Ridge Partnership is an agreement between Mitsubishi
Corporation and Encana Corporation which involves the long-term
development of natural gas resources in Northeast British
Columbia.
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 and
integrated 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 136 on the FORTUNE 500 list. With 40,000 employees
worldwide, the company's revenue for 2014 was $21.5 billion. Visit
Fluor at www.fluor.com and follow on Twitter @FluorCorp.
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Fluor CorporationMedia RelationsBrian Mershon,
469-398-7621orBrett Turner, 864-281-6976orInvestor RelationsGeoff
Telfer, 469-398-7070orJason Landkamer, 469-398-7222
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