Fluor Corporation (NYSE: FLR) announced that Fluor Offshore Solutions, a unit of Fluor, has been awarded an engineering, procurement and construction (EPC) support contract for Phase 3 of the Malampaya Deep Water Gas-to-Power Project. The project is being undertaken on behalf of the Philippine Government by the Service Contract 38 consortium composed of Shell Philippines Exploration B.V. (Operator), Chevron Malampaya LLC and Philippine National Oil Company—Exploration Corporation. This landmark project is among the most significant in the Philippines. Approximately 40 percent of the power for the main island of Luzon is generated by power plants using Malampaya gas. This new contract follows Fluor’s successful completion of the front-end engineering and design (FEED) contract for Phase 3. Fluor booked the undisclosed contract value in the third quarter.
“This new EPC contract for the Malampaya Deep Water Gas-to-Power Project solidifies our strength in the growing global offshore gas market,” said Peter Oosterveer, Fluor’s president for Energy & Chemicals. “Fluor’s long-term presence in the Philippines is a testament to the outstanding work by our professionals, now 2,220 strong, in our Manila and Cebu offices, who are providing full-service project execution.”
Fluor Offshore Solutions is providing detailed engineering, procurement and selected construction support services as well as supporting the Shell team in managing the local fabricator.
Nike Air Max 90