Fluor Awarded Gas Storage Contract in The Netherlands

Tue Nov 3, 2009 4:57am EST
 
[-] Text [+]
Zero Emissions Facility to Provide Energy Security for European Consumers
IRVING, Texas--(Business Wire)--
Fluor Corporation (NYSE:FLR) announced today that it was awarded a contract by
TAQA Energy B.V., a subsidiary of the Abu Dhabi National Energy Company PJSC,
for engineering, procurement and construction management services (EPCM) for its
Bergermeer Gas Storage project in the North Holland province of The Netherlands.
The contract was booked in Fluor`s third quarter 2009. 

"Fluor will assist TAQA in its ambition to provide Europe with energy security
through this strategically important underground gas storage project," said
Peter Oosterveer, president of Fluor`s Energy & Chemicals Group. "With the
project site located near our Haarlem operations center, we expect to serve our
client in a true teamwork environment throughout the project duration." 

Fluor began engineering and design work in August 2009 and is responsible for
the EPCM of the gas compression and treatment facility as well as modifications
to the well site. The facility will be designed to minimize hydrocarbon and
carbon dioxide emissions. Fluor`s participation in the project is expected to be
completed in the second quarter of 2013. Work related to the gas treatment
facility project will be performed by about 200 professionals located in Fluor`s
Haarlem operations center. 

The gas treatment and compression facility is an integral part of the Bergermeer
Gas Storage project. Sustainable development is the basis for the realization of
the project and TAQA expects to apply "best available technology" as a standard
for this project. 

About The Abu Dhabi National Energy Company PJSC (TAQA)

Founded in 2005, TAQA (Abu Dhabi National Energy Company (PJSC)) is a global
energy company. One of the largest companies listed on the Abu Dhabi Securities
Exchange (ADX), with 2008 revenue of more than AED 16 billion (US$ 4.4 billion),
TAQA is a flagship corporation for the Government of Abu Dhabi. For more
information please visit: www.taqaglobal.com

About Fluor Corporation

Fluor Corporation (NYSE: FLR) designs, builds and maintains many of the world's
most challenging and complex projects. Through its global network of offices on
six continents, the company provides comprehensive capabilities and world-class
expertise in the fields of engineering, procurement, construction,
commissioning, operations, maintenance and project management. Headquartered in
Irving, Texas, Fluor is a FORTUNE 200 company and had revenues of $22.3 billion
in 2008. For more information, visit www.fluor.com.

Fluor Corporation
Media Relations:
Keith Stephens/Brian Mershon
469-398-7624 / 469-398-7621
or
Investor Relations:
Ken Lockwood / Jason Landkamer
469-398-7220 / 469-398-7222 

Copyright Business Wire 2009

 

Featured Broker sponsored link

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video