Fluor to provide consulting services for Kuwait Oil Company projects
IRVING, Texas and FARNBOROUGH, United Kingdom -- Fluor Corporation has been selected by Kuwait Oil Company (KOC), a subsidiary of Kuwait Petroleum Corporation (KPC), to provide comprehensive consulting services, specializing in front-end design and project and construction management in support of KOC' s capital expenditure program for Kuwait.
This award follows 10 years of successful Fluor support to KOC. The value of the five-year contract is $410 million and will be booked in Fluor' s fourth quarter.
The services related to the construction of new facilities and upgrading of existing facilities are broad based, and include project management, coordination, planning, front-end design, engineering, contracting, procurement, project controls, construction management and training of KOC project staff. Services will be performed at KOC headquarters in Ahmadi, Kuwait, with front-end design packages executed in Fluor' s Farnborough, U.K., office.
KOC is a wholly-owned subsidiary of KPC, which is the government-owned entity responsible for Kuwait' s hydrocarbon interests throughout the world.