Fluor bags Woodfibre LNG contract, Canada

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Fluor bags Woodfibre LNG contract, Canada

Fluor Corporation (NYSE: FLR) announced today that it has signed an agreement with JGC America, Inc. (JGC) to provide construction-related support to the front-end engineering and design (FEED) services for the Woodfibre Liquefied Natural Gas (LNG) project in the District of Squamish near Vancouver, British Columbia, Canada. Fluor booked the undisclosed contract value in the fourth quarter of 2016.

Under the subcontract, Fluor will provide construction planning and design services to support the FEED package and engineering, procurement and construction proposal development. JGC is a FEED contractor for the proposed 2.1 million-tonnes-per-year natural gas Woodfibre liquefaction plant and export facility.

“With our industry-leading modular design and construction approach, Fluor will work closely with JGC to develop a project execution strategy that delivers capital efficiency and schedule certainty to Woodfibre LNG,” said Pierre Bechelany, senior vice president of pipelines and LNG for Fluor. “Leveraging JGC’s extensive LNG experience and Fluor’s project execution and construction expertise, we look forward to helping Woodfibre LNG advance this project for the community and British Columbia.”

The proposed facility will be powered with electricity from BC Hydro, which generates more than 90 percent clean renewable energy and will help create one of the cleanest LNG facilities in the world.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company that designs, builds and maintains capital-efficient facilities for its clients on six continents. For more than a century, Fluor has served our clients by delivering innovative and integrated solutions across the globe. With headquarters in Irving, Texas, Fluor ranks 155 on the FORTUNE 500 list with revenue of $18.1 billion in 2015 and has more than 60,000 employees worldwide.

Source: www.fluorcorp.com

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.