Fluor Awarded Front End Contract for PTTGC

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Fluor Awarded Front End Contract for PTTGC

Fluor Corporation (NYSE: FLR) announced that PTT Global Chemical Public Company (PTTGC) has selected a Fluor-led team to perform front-end engineering and design work for its proposed petrochemical complex in Belmont County, Ohio. The team includes Fluor, Technip and SK E&C. Fluor will book the undisclosed contract value into backlog in the third quarter of 2015.

The project will encompass an ethane cracker and derivatives units by leveraging the availability of feedstock from gas taken from the Utica and Marcellus shale formations in the region to create chemical products. Fluor is a leader in the petrochemical engineering, procurement and construction market, and is currently executing engineering, procurement and construction for three major ethane cracker projects in the United States.

“Working closely with PTTGC on the front-end activities, we will identify the most capital-efficient integrated solutions to support the project’s advancement,” said Jim Brittain, president of Fluor’s Energy & Chemicals Americas business line. “Our team has partnered together on numerous world-class petrochemical projects. We will leverage this experience and our innovative design technologies to bring this project to fruition.”

Front-end activities are expected to be completed in 2016.

Source and Link: The EPC Engineer

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.