“We are pleased to add another significant LNG project to the growing relationship between the PETRONAS Group and Fluor in Malaysia,” said Ken Choudhary, senior vice president of Fluor’s Energy & Chemicals business. “This LNG terminal will help address additional power generation needs, which in turn, will contribute to further industrial and economic development in the region.”
Fluor will be utilizing local subcontractors and suppliers for various facets of the project.
This contract further consolidates Fluor’s position in Malaysia where the company is performing other projects in the oil refining sector and in the LNG regasification business and where significant project growth opportunities are expected in the near term.
Fluor was previously part of a joint venture that provided PETRONAS with preliminary engineering services for a new LNG liquefaction plant at the existing facility in Bintulu, Malaysia.
About Fluor Corporation
Fluor Corporation FLR +1.88% designs, builds and maintains many of the world's most challenging and complex projects. Founded in 1912, John Simon Fluor Sr. started the company with a modest investment of $100. Since those humble beginnings, the company has grown into one of the largest engineering & construction companies in the world. Fluor is celebrating its 100th anniversary during 2012.
Today, through its global network of offices on six continents, the company provides comprehensive capabilities and world-class expertise in engineering, procurement, construction, commissioning, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 200 company and had revenue of $23.4 billion in 2011. For more information, visit www.fluor100.com and www.fluor.com .