24.04.2006 14:12:00
|
Fluor Announces Formation of Fluor Kuwait
IRVING, Texas, April 24 /PRNewswire-FirstCall/ -- Fluor announced today that, as part of its expansion in the Middle East, it has signed an agreement to form Fluor Kuwait, a local company in the State of Kuwait, with Fouad Alghanim and Sons General Trading and Contracting Company, W.L.L., a Kuwaiti conglomerate active in various commercial and industrial businesses. Fluor Kuwait's focus will be to provide engineering, procurement, construction (EPC) and operations and maintenance (O&M) services for energy, chemicals and power projects in Kuwait.
"We have enjoyed a very successful business relationship with Fluor over the past 15 years, which has now evolved into the formation of Fluor Kuwait. We are quite optimistic about the future prospects of Fluor Kuwait, and we look forward to being able to support our clients with their capital projects in Kuwait," said Fouad Alghanim, the chairman of Fouad Alghanim and Sons Group of Companies.
"The Middle East is an extremely important region to Fluor, where in the last 30 years, we have executed numerous projects. Kuwait, with nine percent of the world's known oil and nearly one percent of natural gas reserves, is one of the most important countries in the region and to our company. Fluor Kuwait is currently pursuing a significant number of projects in the upstream, downstream and chemicals businesses," said Jeff Faulk, president of Fluor's Energy & Chemicals group.
Fluor Kuwait is already fully integrated into Fluor's global knowledge networks. In supporting its clients, Fluor Kuwait's personnel are utilizing the latest technologies and state-of-the-art programs available to Fluor employees worldwide, including computer-aided design hardware, 3-D Plant Design Systems and Knowledge OnLine, Fluor's global online knowledge management system. In the coming year, Fluor Kuwait plans to double the size of its current organization.
Fluor Corporation provides services on a global basis in the fields of engineering, procurement, construction, operations, maintenance and project management. Now headquartered in Irving, Texas, Fluor is a FORTUNE 500 company with revenues of $13.2 billion in 2005. For more information visit http://www.fluor.com/.
Keith Stephens/Leann Vandergrift Media Relations 469.398.7624 / 949.349.7420 tel 469.398.7298 fax Ken Lockwood Investor Relations 949.349.3815 tel 949.349.5375 fax FLRG
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Fluor Corp.mehr Nachrichten
07.11.24 |
Ausblick: Fluor stellt Ergebnisse des abgelaufenen Quartals vor (finanzen.net) | |
24.10.24 |
Erste Schätzungen: Fluor legt die Bilanz zum abgelaufenen Quartal vor (finanzen.net) | |
01.08.24 |
Ausblick: Fluor legt die Bilanz zum abgelaufenen Quartal vor (finanzen.net) | |
18.07.24 |
Erste Schätzungen: Fluor legt Zahlen zum jüngsten Quartal vor (finanzen.net) |
Analysen zu Fluor Corp.mehr Analysen
Aktien in diesem Artikel
Fluor Corp. | 47,76 | 0,61% |
Indizes in diesem Artikel
S&P 500 | 5 838,76 | -1,34% |