|
contents | business | |||||||||
| Fluor new venture in Qatar wins contract for Pearl GTL project Fluor Corp announced that Qatar National Facilities Services, a new venture partly owned by Fluor, signed a major long-term maintenance and services contract with Qatar Shell Gas-to-Liquids Limited (QSGTL) for its Pearl Gas-to-Liquids (Pearl GTL) project in the industrial city of Ras Laffan, Qatar. The Pearl GTL project is being developed under a production sharing agreement with Qatar Petroleum. Following a competitive tendering process, the new contract was awarded to provide maintenance services for the utilities and gas-to-liquids process sections of the plant. The contract has a five-year duration and financial terms were not disclosed. Qatar National Facilities Services (QNFS) is a Qatari registered company jointly owned by the Qatar-based Trading and Agency Services (TRAGS) and United States-based Fluor Corporation. QNFS is operated as part of Fluor's Global Services Business Group. Upon completion, the Pearl GTL project will be the world's largest gas-to-liquids plant. Major construction is expected to be complete by the end of 2010 with production ramp-up in 2011. write your comments about the article :: © 2010 Construction News :: home page |