Fluor Corporation (NEW) : ICA Fluor to Construct Pemex Offshore Production Platform in Gulf of Mexico
06/05/2012| 04:05pm US/Eastern
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ICA Fluor, the industrial construction joint venture of Empresas ICA,
S.A. B de C.V. (BMV and NYSE: ICA) and Fluor Corporation (NYSE: FLR),
announced the signing of a contract with Pemex Exploration and
Production for the construction of an offshore production platform for
the Ku-Maloob-Zaap field in the Gulf of Mexico with a total contract
value of $95 million. Fluor's share of the contract, $47.5 million, will
be booked in the second quarter.
ICA Fluor and its subsidiary Industria del Hierro will be responsible
for the procurement, construction, testing, and load out of the
Ayatsil-C platform. Weighing 11,832 tons and reaching 132 meters deep,
Ayatsil-C the first structure of this size to be installed by Pemex. The
project is expected to be completed by the end of 2013.
About ICA Fluor
ICA Fluor is the leading industrial engineering-construction company in
Mexico, dedicated to the engineering, procurement, construction and
maintenance of industrial facilities in the oil and gas, chemical,
petrochemical, automotive, power, mining, and telecommunication
industries.
Empresas ICA, S.A.B. de C.V. is Mexico's largest construction and
infrastructure operations company. Founded in 1947, ICA's principal
lines of business are civil and industrial construction and engineering;
infrastructure operations, including airports, toll roads, and water
systems; and homebuilding. For more information visit www.ica.com.mx/ir.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) designs, builds and maintains many of the
world's most challenging and complex projects. Founded in 1912, John
Simon Fluor Sr. started the company with a modest investment of $100.
Since those humble beginnings, the company has grown into one of the
largest engineering & construction companies in the world. Fluor is
celebrating its 100th anniversary during 2012.
Today, through its global network of offices on six continents, the
company provides comprehensive capabilities and world-class expertise in
engineering, procurement, construction, commissioning, operations,
maintenance and project management. Headquartered in Irving, Texas,
Fluor is a FORTUNE 200 company and had revenue of $23.4 billion in 2011.
For more information, visit www.fluor100.com
and www.fluor.com.
Fluor Corporation
Media Relations
Keith Stephens, 469-398-7624
or
Brian
Mershon, 469-398-7621
or
Investor Relations
Ken Lockwood,
469-398-7220
or
Jason Landkamer, 469-398-7222
© Business Wire 2012
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