Fluor seals Saudi projects partnership deal

expat network

Fluor seals Saudi projects partnership deal

Fluor, a global engineering, procurement, fabrication, construction and maintenance company, announced that it has signed a memorandum of understanding (MOU) with Saudi Arabian Mining Company (Ma’aden) to support future Ma’aden projects located within and outside the Kingdom of Saudi Arabia.

Under the MOU, Fluor would be considered for conceptual; pre-front-end engineering and design (FEED); FEED; engineering, procurement and construction management; and program management contracting services for future projects.

“This understanding would allow both parties to increase their involvement in Saudi Arabia and expand their services outside the Kingdom,” said David Seaton, Fluor’s chairman and chief executive officer, who signed the MOU at the inaugural Saudi-U.S. CEO Forum in Riyadh recently. “Fluor’s legacy in Saudi Arabia dates back to 1947 and we have a strong partnership with Ma’aden, having delivered several of their mega-projects. We look forward to helping them advance their future projects as they continue to expand and diversify their business.”

Fluor has worked with Ma’aden for almost 10 years. During that time, Fluor has executed work in excess of $15 billion for projects including the Ma’aden Aluminum Complex and the ongoing Umm Wu’al Phosphate Project.

About Fluor Corporation

Fluor successfully delivers integrated engineering, procurement, fabrication, construction, maintenance and project management solutions to Clients globally. Clients trust us as an industry leader to design and build projects safely, cost-effectively and on-schedule. Whether Clients want to invest in new oil and gas facilities, nuclear power plants to meet global demand for clean energy or the refurbishment of aging infrastructure, they depend on Fluor to deliver integrated solutions to meet their capital-investment requirements.

Fluor’s more than 60,000 employees in over 100 countries work collaboratively to tailor comprehensive solutions for our Clients. Our integrated solutions approach spans the entire capital project life cycle – helping to reduce costs and schedules, improve certainty of delivery and increase safety.

Source: www.fluor.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.