Mar 04 | 2019
Global engineering firm Fluor has been awarded a contract for the construction of the Halliburton Specialty Chemicals Manufacturing Reaction Plant in Jubail, Saudi Arabia.
The engineering, procurement and construction contract will cover extensive breakbulk transport to the site at PlasChem Park and follows completion of the front-end engineering design also by Fluor.
“We are pleased to undertake the design and construction of this major investment that accelerates Halliburton’s strategic expansion of its fast-growing specialty chemicals business. Fluor will use its full integrated solutions portfolio and its local execution capabilities to optimize the design and deliver a capital-efficient project with schedule certainty,” said Simon Nottingham, president at Fluor’s Energy and Chemicals business.
Al Khobar Office to Lead
Once complete, the new chemicals facility will produce specialty chemical products and intermediates for upstream and downstream oil and gas production industries.
“Fluor’s Al Khobar office in Saudi Arabia will lead the project with the team that performed the previous front-end engineering design contract and will be supported by Fluor’s global chemicals experts,” a Fluor spokesperson said.
Headquartered in Irving, Texas, Fluor is one of the largest EPC contractors globally and employs a staff of more than 56,000 globally, focused on projects in the oil and gas, industrial, power, infrastructure, and government sectors.
Strong Results Support 2019 Breakbulk Growth
Outlook for the global breakbulk sector was boosted by strong results from the group for 2018 as it predicted “long-term sustainable growth” thanks to a growing orderbook.
“In 2018, Fluor … set the foundation for long-term sustainable growth [and] despite the challenges we encountered last year, we enter 2019 with a sizeable backlog and a compelling integrated solution for the end markets we serve,” said David Seaton, CEO of Fluor.
Earnings attributable to Fluor were US$225 million, compared to 2017 earnings of $191 million.
Photo: Haliburton and Fluor staff at ground-breaking ceremony. Credit: Fluor
