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Fluor Awarded FEED Contract for Umm Lulu Phase II Field Development

Fluor Corporation (NYSE:FLR) announced today that its Fluor Offshore Solutions unit has been awarded a front-end engineering and design (FEED) contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for offshore facilities located at the Umm Lulu field about 30 kilometers northwest of Abu Dhabi in the Arabian Gulf. Fluor booked the undisclosed contract value in the first quarter of 2010.

“This new FEED contract with ADMA-OPCO reinforces Fluor Offshore Solutions’ strength in the offshore oil and gas sector in the Middle East,” said Peter Oosterveer, Fluor’s Energy & Chemicals president. “We have performed numerous projects for ADMA-OPCO for 35 years and this additional project demonstrates the excellent relationship we enjoy with ADNOC and its operating companies.”

The Umm Lulu Phase II field development includes six wellhead towers, production facilities, living quarters, infield subsea pipelines and the export pipeline to Zirku Island. The project will tie into ADMA-OPCO’s SARB project (for which Fluor is currently performing the FEED) for further processing at the Zirku Island facilities.

The project is currently underway in Fluor’s Houston and Abu Dhabi offices.

Source: http://www.fluor.com/

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