Fluor Corporation announced that it was 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.