Fluor Corp. Books $1.8-Billion for Marathon Oil Corporation's Expansion of Its Garyville, LA., Refinery.IRVING, Texas Irving (pronounced 'er-ving') is a city located in the U.S. state of Texas within Dallas County. According to the 2000 U.S. Census, the city population was 191,615; the 2006 estimate was 201,927 according to the North Central Texas Council of Governments, and 196,084 according to -- Fluor Corporation (NYSE NYSE See: New York Stock Exchange : FLR FLR Floor FLR Florence, Italy (Airport Code) FLR Flare FLR Florida Lambda Rail FLR Forest Land Reserve FLR Forward-Looking Radar FLR Female Led Relationship FLR Force of Lower Readiness ) will provide project management, engineering and procurement services for Marathon Oil Corporation's (NYSE: MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) projected $3.2-billion project that will expand the crude oil refining capacity of the company's Garyville, La., refinery by 180,000 barrels per day Barrels per day (abbreviated BPD, bbl/d, bpd, bd or b/d) is a measurement used to describe the amount of crude oil (measured in barrels) produced or consumed by an entity in one day. . Fluor booked $1.8 billion in its fourth quarter 2006 backlog which includes Fluor's services, the value of procured materials, and the construction contracts under Fluor's direct management. "Fluor has a long, successful history in executing projects for Marathon. This is a large-scale project which allows Fluor to demonstrate our capabilities and value," said David Seaton, Fluor's Energy & Chemicals Group President. Fluor will provide project and construction management services to assist Marathon in integrating all components of the project and will also provide engineering and procurement and construction management services for the refinery's crude/vacuum and delayed coker units, as well as utilities and offsites. The new facilities will incorporate the latest safety and environmental control technologies at the refinery. In addition to the installation of a new crude and vacuum distillation unit, expansion plans call for the construction of infrastructure and other process units with the following design capacities: a 44,000 barrels per day (bpd) delayed coker, a 70,000 bpd heavy gas oil hydrocracker, a 65,000 bpd reformer and a 47,000 bpd kerosene kerosene or kerosine, colorless, thin mineral oil whose density is between 0.75 and 0.85 grams per cubic centimeter. A mixture of hydrocarbons, it is commonly obtained in the fractional distillation of petroleum as the portion boiling off hydrotreater. The project will increase Garyville's refining capacity from 245,000 bpd to 425,000 bpd and Marathon's total refining capacity from 974,000 bpd to 1,154,000 bpd. During the expansion, Fluor will manage local construction contractors that will require an average of 2,000 workers with up to 4,000 workers at peak periods to complete the construction. Construction is expected to begin in mid-2007 with startup planned for the fourth quarter 2009. Fluor Corporation (NYSE: FLR) provides services on a global basis in the fields of engineering Engineering is a collective term to describe the application of scientific theory in the design, creation, and maintenance of technology. According to 1992 NSF data, the largest fields of engineering are Civil, Electrical / Electronic, Industrial and Mechanical Engineering (by number of , procurement, construction, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 500 company with revenues of $14.1 billion in 2006. For more information, visit www.fluor.com. (FLRG) |
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