FLR Fluor Corporation

Fluor Announces Award of Sasol Oxygen Train Project in Secunda, South Africa

Fluor Corporation (NYSE: FLR) announced today that it was awarded a contract by Sasol Group Technology, a division of Sasol South Africa (Pty) Ltd, for the engineering, procurement and construction (EPC) of the Additional Oxygen Capacity Train 17 Outside Battery Limits project at its Secunda plant in South Africa. Fluor will book the undisclosed contract value in the third quarter of 2016.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161101006754/en/

L to R: Lourens Coetzer, vice president, Technology Contracting, Sasol Group Technology and Alejandr ...

L to R: Lourens Coetzer, vice president, Technology Contracting, Sasol Group Technology and Alejandro Escalona, Fluor's General Manager, sub-Saharan Africa. (Photo: Business Wire)

The Additional Oxygen Capacity Train 17 project comprises the construction and commissioning of the world’s largest air separation unit at the Secunda Synfuels Operations site.

Fluor will provide engineering, procurement and construction of the outside battery limits facilities for this project including the integration of Train 17’s product streams with other live operations. These include high pressure oxygen, high pressure and low pressure nitrogen as well as dry air. Also included in the scope is the supply of electricity with associated infrastructure and utilities upgrades to the air separation unit.

“Fluor is bringing its proven integrated solutions approach to support this project’s advancement,” said Al Collins, president of Fluor’s Energy & Chemicals business in Europe, Africa and Middle East. “We are leveraging our extensive knowledge of the Secunda facility and our innovative global procurement and design approaches to develop a capital-efficient solution for our client.”

“This significant award will allow Fluor to demonstrate its integrated solutions approach and ability to execute lump-sum EPC projects with excellence,” said Alejandro Escalona, general manager, Fluor South Africa. “The benefits to both the project and to Sasol include schedule predictability, cost certainty, reduced risk, single-point accountability, optimization of commercial process, improved interfaces and reduced cost for the owner. This award marks the continuation of a successful relationship that has spanned more than half a century and includes some of South Africa’s landmark projects.”

Fluor’s relationship with Sasol dates back to the award of the first project in Sasolburg in the early 1960s. In 1975, Fluor was named the managing contractor by Sasol to provide engineering, procurement and construction management services for Sasol II, and later for Sasol III, the Secunda oil-from-coal complexes, and has since supported various other Sasol projects globally.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company that designs, builds and maintains capital-efficient facilities for its clients on six continents. For more than a century, Fluor has served our clients by delivering innovative and integrated solutions across the globe. With headquarters in Irving, Texas, Fluor ranks 155 on the FORTUNE 500 list with revenue of $18.1 billion in 2015 and has more than 60,000 employees worldwide. For more information, please visit www.fluor.com or follow us on Twitter @FluorCorp.

EN
01/11/2016

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