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| Fluor wins contract in Canada Fluor Corp announced that it was awarded an engineering, procurement and construction (EPC) contract for infrastructure and offlease facilities for the first phase of Imperial Oil's Kearl oil sands project, a surface mining and bitumen extraction operation located 70 kilometers northeast of Fort McMurray, Alberta. For this project, Fluor will book approximately $1.5 billion in 2009, with the majority of the award recognized in the second quarter of 2009. The Kearl project is envisioned to be developed in three phases and could ultimately produce more than 300, 000 barrels per day of bitumen. The first phase of the project is expected to begin production in late 2012. write your comments about the article :: © 2009 Construction News :: home page |