Fluor selected by marathon for contract at two texas refineries

Irving, texas--(business wire)--fluor corporation (nyse:flr) announced today that it was selected by a division of marathon petroleum corporation (marathon) to execute the engineering and procurement scope for a major reconfiguration at marathon’s galveston bay and texas city, texas refineries. fluor will book the undisclosed contract value into backlog in the first quarter of 2017. “fluor continues to provide sustaining capital services at five marathon sites across the united states, and has supported the texas city and galveston bay operations since 2013,” said mark fields, president of fluor’s energy & chemicals business in the americas. “having previously executed the initial studies and early engineering for these projects, we are proud to progress them through the engineering and procurement phase.” the reconfiguration will create a more efficient operation, allowing the two refineries to achieve updated u.s. environmental protection agency tier 3 gasoline sulfur standards. the scope includes a new unit, modernization of several existing units and modifications to the utilities and offsites to support the scheduled process changes and refinery connections. fluor is also performing the front-end engineering and design work for marathon’s south texas asset repositioning (star) program. about fluor corporation fluor corporation (nyse: flr) is a global engineering, procurement, fabrication, construction and maintenance company that designs, builds and maintains capital-efficient facilities for its clients on six continents. for more than a century, fluor has served its clients by delivering innovative and integrated solutions across the globe. with headquarters in irving, texas, fluor ranks 155 on the fortune 500 list with revenue of $19 billion in 2016 and has more than 60,000 employees worldwide. for more information, please visit www.fluor.com or follow us on twitter @fluorcorp.
FLR Ratings Summary
FLR Quant Ranking