FLR Fluor Corporation

Fluor’s Stork Awarded 5-Year Pipeline Maintenance Contract in Peru

(NYSE: FLR) announced today that , part of Fluor’s Diversified Services segment, was awarded a new approximately five-year contract under the consortium of CMgP, Consorcio Mantenimiento de Gasoductos del Peru, (Stork Peru S.A.C. and SICIM S.P.A.) by Compañía Operadora de Gas, S.A.C – COGA in Peru. Fluor booked the undisclosed contract value in the third quarter of 2020.

This press release features multimedia. View the full release here:

Fluor’s Stork Awarded 5-Year Pipeline Maintenance Contract in Peru. (Photo: Business Wire)

Fluor’s Stork Awarded 5-Year Pipeline Maintenance Contract in Peru. (Photo: Business Wire)

Stork will provide integral pipeline maintenance services to the Sistema De Transporte De Gas Natural y Líquidos de Gas Natural de Camisea, operated by COGA.

The consortium will jointly plan, prepare and deliver geotechnical, construction and maintenance services for more than 1,500 kilometers of pipelines and for all relevant equipment and processing plants. The pipelines connect Peru’s main gas field Camisea to the Peruvian coast line and are of critical importance to the energy distribution of the country.

“Stork is honored to be selected by COGA for this important contract,” said , Stork’s president. “Stork will provide service excellence according to the highest safety standards relying upon our vast experience in pipeline construction and maintenance in Latin America, as well as leverage our global expertise and network of specialists across Fluor, Stork and SICIM’s geotechnical expertise. This contract further solidifies Stork’s strong position and client confidence in Latin America allowing us to further grow our local employment in the communities in which we live and work.”

Pre-mobilization activities of this contract have started with execution expected to begin in the first quarter of 2021 and completion scheduled in mid-2026.

About Stork

Stork, a Fluor company, continually improves the performance of its clients’ assets through a wide range of integrated, innovative and data-driven solutions, from operations and maintenance to turnarounds and modifications. We are committed to growing our clients’ business sustainably and successfully by setting new standards of excellence in asset management. Underpinned with our core values— Safety, Integrity, Teamwork, Client Focus and Excellence— we aim to be the industry reference, every day, everywhere. For more information, please visit or follow us on Twitter , .

About Fluor Corporation

(NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company with projects and offices on six continents. Fluor’s 45,000 employees build a better world and provide sustainable solutions by designing, building and maintaining safe, well executed projects. Fluor had revenue of $14.3 billion in 2019 and is ranked 181 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has served its clients for more than 100 years. For more information, please visit or follow Fluor on , , and .

#stork

EN
20/10/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Fluor Corporation

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Fluor Corporation and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 18 August 2025 in which we reassessed the appropriateness of the ratings in the context o...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke
ACM AECOM
EME EMCOR GROUP ... (+19)

Vermilion Compass: Weekly Equity Strategy

More Breakouts and Risk-On Developments We remain near-term bullish since our 4/22/25 Compass, and our intermediate-term outlook remains bullish as well (as of our 5/14/25 Compass). We will maintain our bullish intermediate-term outlook as long as market dynamics remain healthy and the SPX is above 5700-5785, though we believe there is a low probability that this level gets tested any time soon. Short-term supports on the SPX include the 20-day MA (currently 6233), 6200, 6100-6150, and 6028-605...

Fluor Corp: 2 directors

Two Directors at Fluor Corp sold after exercising options/sold 41,588 shares at between 52.115USD and 52.132USD. The significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the comp...

MarketLine Department
  • MarketLine Department

HOCHTIEF Aktiengesellschaft - Mergers & Acquisitions (M&A), Partnershi...

Summary Marketline's HOCHTIEF Aktiengesellschaft Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by HOCHTIEF Aktiengesellschaft - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Allia...

 PRESS RELEASE

Fluor-Led JV Supports Successful Completion and Startup of Major Proje...

IRVING, Texas--(BUSINESS WIRE)-- (NYSE: FLR) is pleased to announce that it successfully led a joint venture that supported the completion and startup of Tengizchevroil’s (TCO) Future Growth Project (FGP) at the Tengiz oil field in Kazakhstan. The Fluor-led joint venture, including partners Worley, Kazakh Institute of Oil and Gas, and KazGiproNefteTrans Engineering Company, has provided a suite of engineering, procurement, construction, operations and maintenance services for TCO since 2011. This press release features multimedia. View the full release here: An aerial view of the Third-Genera...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch