Major Projects
- Trans-Alaska Pipeline System, completed in 1977
- $3.8 billion modernization of the BP Whiting refinery: estimated completion mid-2012
- Eastern span replacement of the San Francisco–Oakland Bay Bridge: estimated completion in 2013
- U.S. Army's LOGCAP program
- Al Zour Refinery
In May 2008 the Kuwait National Petroleum Company awarded a construction contract to a consortium of Asian companies—Japan's JGC Corporation, South Korea’s GS, SK, Daelim Industrial, and Hyundai—and a consulting contract to Fluor to build an oil refinery, which would be Kuwait's fourth. Kuwait National Petroleum Company announced that it would be operational in 2012 and that it planned on spending $14 billion on the project.
However, in March 2009, the Kuwaiti government informed Fluor to halt construction because reduced oil prices had made the project financially unfeasible. The announcement did not come entirely as a surprise because former Kuwaiti Prime Minister Nasser Mohammed Al-Ahmed Al-Sabah had been mentioning cancellation. Some investment analysts predicted the project's cancellation as early as December 2008. Fluor announced that it would remove $2.1 billion, the remaining value of the contract, from its books.
Read more about this topic: Fluor Corporation
Famous quotes containing the words major and/or projects:
“As a novelist, I cannot occupy myself with “characters,” or at any rate central ones, who lack panache, in one or another sense, who would be incapable of a major action or a major passion, or who have not a touch of the ambiguity, the ultimate unaccountability, the enlarging mistiness of persons “in history.” History, as more austerely I now know it, is not romantic. But I am.”
—Elizabeth Bowen (1899–1973)
“One of the things that is most striking about the young generation is that they never talk about their own futures, there are no futures for this generation, not any of them and so naturally they never think of them. It is very striking, they do not live in the present they just live, as well as they can, and they do not plan. It is extraordinary that whole populations have no projects for a future, none at all.”
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