Fluor signs enterprise framework agreement with Shell for downstream projects in Europe, Africa and Middle East

Monday, Nov 05, 2012

Fluor Corporation (NYSE: FLR) announced today that Shell has awarded the company a 5-year enterprise framework agreement for engineering and project management services for Shell’s downstream, and potentially, upstream onshore projects in Europe, Africa and the Middle East (EAME). Under terms of this agreement, Fluor will provide design, project and construction management, home-office and site-based engineering services.

“This new enterprise framework agreement with Shell for the EAME region demonstrates Fluor’s alignment with Shell’s global strategy”

“This new enterprise framework agreement with Shell for the EAME region demonstrates Fluor’s alignment with Shell’s global strategy,” said Peter Oosterveer, president of Fluor’s Energy & Chemicals Group.

The agreement includes an option to be extended for another five years and opportunities to include Shell’s upstream projects and other geographic regions.

Fluor is currently working on Shell projects in Malaysia, the Philippines and Canada. Fluor also provides operations and maintenance services at Shell sites in Australia, Qatar, Russia and the Netherlands.

Source: Business Wire