(Source: Business Wire)
Fluor Corporation (NYSE:FLR) announced today that it was awarded a
contract by TAQA Energy B.V., a subsidiary of the Abu Dhabi National
Energy Company PJSC, for engineering, procurement and construction
management services (EPCM) for its Bergermeer Gas Storage project in the
North Holland province of The Netherlands. The contract was booked in
Fluor's third quarter 2009.
"Fluor will assist TAQA in its ambition to provide Europe with energy
security through this strategically important underground gas storage
project," said Peter Oosterveer, president of Fluor's Energy & Chemicals
Group. "With the project site located near our Haarlem operations
center, we expect to serve our client in a true teamwork environment
throughout the project duration."
Fluor began engineering and design work in August 2009 and is
responsible for the EPCM of the gas compression and treatment facility
as well as modifications to the well site. The facility will be designed
to minimize hydrocarbon and carbon dioxide emissions. Fluor's
participation in the project is expected to be completed in the second
quarter of 2013. Work related to the gas treatment facility project will
be performed by about 200 professionals located in Fluor's Haarlem
operations center.
The gas treatment and compression facility is an integral part of the
Bergermeer Gas Storage project. Sustainable development is the basis for
the realization of the project and TAQA expects to apply "best available
technology" as a standard for this project.
About The Abu Dhabi National Energy
Company PJSC (TAQA)
Founded in 2005, TAQA (Abu Dhabi National Energy Company (PJSC)) is a
global energy company. One of the largest companies listed on the Abu
Dhabi Securities Exchange (ADX), with 2008 revenue of more than AED 16
billion (US$ 4.4 billion), TAQA is a flagship corporation for the
Government of Abu Dhabi. For more information please visit: www.taqaglobal.com
About Fluor Corporation
Fluor Corporation (NYSE: FLR) designs, builds and maintains many of the
world's most challenging and complex projects. Through its global
network of offices on six continents, the company provides comprehensive
capabilities and world-class expertise in the fields of engineering,
procurement, construction, commissioning, operations, maintenance and
project management. Headquartered in Irving, Texas, Fluor is a FORTUNE
200 company and had revenues of $22.3 billion in 2008. For more
information, visit www.fluor.com.
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