Fluor Corporation (NYSE: FLR) announced Thursday that it was selected by
Reliance Industries Limited (RIL) to perform project management services
for its projects to be executed at its world-scale Jamnagar refining and
petrochemical complex on the west coast of India in Gujarat.
In addition to assisting RIL in project management, Fluor will also
perform engineering and procurement services for the pet coke
gasification project. The contract amounts were booked in the first
quarter of 2012.
RIL's investment in the expansion of energy and petrochemicals projects
represents one of the largest such investments globally. The proposed
coke gasification facility is also among the largest such projects ever
built.
"These two contract awards that will support Reliance Industries' next
phase of growth in India are also important milestones for Fluor, but
most of all, I am truly excited about our relationship with this very
important client," said Peter Oosterveer, president of Fluor's Energy &
Chemicals Group.
"Fluor's global project execution capability coupled
with close to 20 years of growing our engineering and technical talent
in New Delhi have positioned us for this key project in India. Reliance
is a global player in the energy and petrochemical industries and we are
poised to successfully deliver value-added projects to meet their
capital expansion and operational objectives."
The scope of the project management services to be provided by Fluor
includes several world-scale units including petroleum coke gasification
units, refinery off-gas cracker and downstream petrochemical plants, a
captive power plant, and associated utilities and offsites.
The completed gasification project will gasify petroleum coke to produce
fuel and hydrogen for the expanded refinery and petrochemical complexes
and captive power plant as well as feedstock for future chemicals
production.