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
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