IRVING, Texas--(BUSINESS WIRE)--Jul. 24, 2012-- Fluor Corporation (NYSE: FLR) announced today that it was awarded an engineering alliance agreement for engineering, procurement and construction management (EPCM) services by Yara Belgium SA for Yara's current and expanding global facilities located primarily in Europe, North Africa, the Middle East, Australia, Canada, Trinidad and Brazil. The undisclosed contract value for this new two-year agreement was booked in the second quarter.

"This new alliance agreement with Yara is an important milestone for Fluor's ongoing operations and maintenance work in Europe. Fluor's global footprint aligns well with Yara's geographic reach," said Garry Flowers, president of Fluor's Global Services Group. "With this new alliance, Yara can focus on delivering solutions for sustainable agriculture and the environment while we ensure their global facilities are operating at maximum capacity."

Fluor's operations center in Bergen op Zoom, the Netherlands, is leading the alliance while working closely with Yara's Brussels, Belgium office.

Technip was awarded a contract by Marathon Oil Norge AS for on-going expansion of the subsea drill centres at Kneler B and Volund located in the Alvheim area in the North Sea. The water depths in the area is around 120 meters, and the subsea work will be performed by use of remotely-operated vehicules as well as by divers. The contract includes engineering, fabrication, installation and diving tie-ins of pipeline spools(1), including protection covers and installation of a manifold(2).

Technip’s operating center in Stavanger, Norway will execute the contract. The offshore construction work will take place in 2012 and 2013. The Skandi Arctic, a diving support vessel from Technip’s fleet, will be used for the offshore campaigns.

Endress+Hauser has been providing high level calibration solutions to the process industries for many years. To strengthen this position, the Group has now acquired a minority share in Irish company CompuCal Calibration Solutions (CCS). The stake will ensure appropriate access to CCS' technology and the further development of the calibration management software package 'CompuCal'.

"'CompuCal' fits perfectly into our Plant Asset Management suite of integrated software tools," underlines Dr Raimund Sommer, Managing Director of Endress+Hauser Process Solutions, the strategic dimension of the acquisition. "We have worked with CCS for the last decade and the company has proven to be a reliable and trusted partner. Endress+Hauser's stake cements our close relationship."

Automated and optimized workflows for calibration of field instruments have an important impact on yield and quality. This is not only critical for regulated industries. Demands on compliance according to industry standards often lead to additional workload in terms of calibration documentation management.

BP and JBF Petrochemicals (a wholly owned subsidiary of JBF Industries Ltd.) have signed an agreement for licensing BP’s latest generation purified terephthalic acid (PTA) technology. JBF intends to build a 1.25 million tonnes per annum (tpa) unit at the Special Economic Zone in Mangalore, India, to produce PTA, the primary feedstock for polyesters used in textiles and packaging. JBF expects the Mangalore plant to come on stream at the end of 2014.

“This first third party, non-affiliate, licence recognises the quality of BP’s technology and builds on the excellent relationship between our companies. JBF is a world-class polyester producer and I’m proud that they’ve chosen BP’s leading technology,” said Nick Elmslie, chief executive of BP’s Global Petrochemicals Business.

“Our PTA technology has significantly lower capital and operating costs compared with conventional PTA plants and is more energy efficient, uses less water, and produces less solid waste than its competitors. We have invested significantly in our proprietary technology and there are two routes to monetize this; one is through investment and one is through licensing. We have decided that the maximum value to BP will come both from investing in projects such as our Zhuhai 3 project in Guangdong, China and through licensing.”