Fluor PMC for OGPC Project Azerbaijan

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Fluor PMC for OGPC Project Azerbaijan

The State Oil Company of Azerbaijan Republic (SOCAR), awarded Fluor Limited (NYSE: FLR) a contract to provide project management contractor(PMC) services for its new oil-gas processing and petrochemical complex (OGPC) in Azerbaijan. Fluor will book the contract for an undisclosed value in the first quarter of 2015.

The OGPC megaproject has multiple interfaces not only between process units, utilities and offsite facilities, but also between the new gas processing and petrochemical facilities. The complex will be located on a greenfield site 60 kilometres southwest of Baku.

As the project management contractor, Fluor will support SOCAR’s selection and management of future contractors that will perform detailed engineering, procurement, construction, commissioning and start-up of the gas processing plant as well as front-end engineering design, detailed engineering, procurement, construction, commissioning and start-up of the petrochemical plants including associated offsite facilities.

“Fluor is proud to be selected by SOCAR as the project management contractor on this unique, world-scale project,” said Taco de Haan, president of Fluor’s Energy & Chemicals business for Europe, Africa and Middle East. “Fluor has demonstrated expertise in managing downstream megaprojects that will allow us to deliver the project on schedule while meeting safety, quality and cost objectives.”

The project will be performed from Fluor’s UK office in Farnborough where the company serves a wide range of industries including energy, chemicals, government, industrial, infrastructure, mining and power market sectors.

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 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 109 on the FORTUNE 500 list. With 40,000 employees worldwide, the company’s revenue for 2014 was $21.5 billion.

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.