Nov 01 | 2019
Engineering Services for KPO
Industrial contractor Fluor is to provide engineering services for the development of several chemicals projects at the Karachaganak Field in Kazakhstan.
The contract was awarded by Karachaganak Petroleum Operating, or KPO. Work will be carried out via Fluor’s consortium with KazNIPImunaigas, a division of KMG Engineering.
“This important award will allow Fluor to build a long-term relationship with KPO and to expand our capabilities and presence in Kazakhstan,” said Mark Fields, president of Fluor Energy & Chemicals.
New Office in Aksai
Fluor will deliver feasibility studies, front-end engineering design and other engineering services for the project and now plans to open an office in Aksai for dedicated project personnel with scalable accommodation to meet all engineering requirements.
The firm will be hoping the new office delivers quickly as the group reported a sharp drop in profitability for the third quarter, posting a US$742 million loss on nearly US$3.9 billion of revenue.
The group employs a staff of more than 53,000 globally and is in the midst of a major restructuring program that aims to divest US$1 billion in assets as the company refocuses on energy sector projects. Headquartered in Irving, Texas, Fluor is one of the largest EPC contractors globally.
Optimize Performance
The Karachaganak Field is a gas condensate field, located about 23 kilometers east of Aksai in the northwest of Kazakhstan, and is a major focus for breakbulk acitivty in the region.
“Our involvement in the early stages of the project means we can work with KPO across a range of work to optimize the Karachaganak field with a focus on achieving an outstanding safety performance and operational excellence,” Fields noted.
KPO is a joint venture led by Royal Dutch Shell and ENI as joint operators with a 29.25 percent stake each, and Chevron and Lukoil owning 18 percent and 13.5 percent respectively.
The contract was awarded by Karachaganak Petroleum Operating, or KPO. Work will be carried out via Fluor’s consortium with KazNIPImunaigas, a division of KMG Engineering.
“This important award will allow Fluor to build a long-term relationship with KPO and to expand our capabilities and presence in Kazakhstan,” said Mark Fields, president of Fluor Energy & Chemicals.
New Office in Aksai
Fluor will deliver feasibility studies, front-end engineering design and other engineering services for the project and now plans to open an office in Aksai for dedicated project personnel with scalable accommodation to meet all engineering requirements.
The firm will be hoping the new office delivers quickly as the group reported a sharp drop in profitability for the third quarter, posting a US$742 million loss on nearly US$3.9 billion of revenue.
The group employs a staff of more than 53,000 globally and is in the midst of a major restructuring program that aims to divest US$1 billion in assets as the company refocuses on energy sector projects. Headquartered in Irving, Texas, Fluor is one of the largest EPC contractors globally.
Optimize Performance
The Karachaganak Field is a gas condensate field, located about 23 kilometers east of Aksai in the northwest of Kazakhstan, and is a major focus for breakbulk acitivty in the region.
“Our involvement in the early stages of the project means we can work with KPO across a range of work to optimize the Karachaganak field with a focus on achieving an outstanding safety performance and operational excellence,” Fields noted.
KPO is a joint venture led by Royal Dutch Shell and ENI as joint operators with a 29.25 percent stake each, and Chevron and Lukoil owning 18 percent and 13.5 percent respectively.
