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