Thursday, June 29, 2017

Fluor seals Saudi Ma’aden project partnership deal

Fluor Corporation, a global engineering, procurement, fabrication, construction and maintenance company, said it has signed an agreement with Saudi Arabian Mining Company (Ma’aden) to support all its future projects located within and outside the kingdom.

Under the MoU, Fluor would be considered for conceptual; pre-front-end engineering and design (Feed); engineering, procurement and construction management; and programme management besides contracting services for future projects.

Fluor said it has worked with Ma’aden for almost 10 years. During that period, the US-based company had executed work in excess of $15 billion for projects including the Ma’aden Aluminum Complex and the ongoing Umm Wu’al Phosphate Project.

"Fluor’s legacy in Saudi Arabia dates back to 1947 and we have a strong partnership with Ma’aden, having delivered several of their mega-projects," remarked David Seaton, Fluor’s chairman and chief executive officer, who signed the MoU at the inaugural Saudi-US CEO Forum in Riyadh recently. . 

"This understanding would allow both parties to increase their involvement in Saudi Arabia and expand their services outside the kingdom," he stated. 

According to him, Fluor Corporation is a specialist in designing, building and maintaining capital-efficient facilities for its clients on six continents.

"We look forward to helping them advance their future projects as they continue to expand and diversify their business," added Seaton.-TradeArabia News Service

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