Fluor Project Selected as 2015 Global Best by Engineering News-Record
September 10 2015 - 08:04AM
Business Wire
Shell Quest Carbon Capture Facility Project
Wins in Power/Industrial Category
Fluor Corporation (NYSE: FLR) announced today that Engineering
News-Record (ENR) has named the Quest Carbon Capture Facility
Project as a Global Best Project for 2015 in the Power/Industrial
category. Fluor served as the engineering, procurement and
construction (EPC) contractor on the capture portion of Shell’s
Quest project, in addition to providing preliminary design services
and early engineering support.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20150910005220/en/
Shell's Quest Carbon Capture Facility
located near Fort Saskatchewan, Alberta, Canada. (Photo: Business
Wire)
The Quest Carbon Capture Facility Project is a commercial
processing facility that will capture direct carbon dioxide
emissions from Shell’s Scotford Upgrader located near Fort
Saskatchewan, Alberta, Canada. The facility is expected to capture
about 1 million tons of carbon dioxide a year – the equivalent of
removing 250,000 vehicles off the road annually. Quest is Shell’s
first commercial-scale carbon capture and storage facility and was
made possible through significant investment from the Government of
Alberta and Natural Resources Canada.
Implementing Fluor’s innovative 3rd Generation Modular
ExecutionSM approach for the capture facilities in the early phases
of the project, Fluor was able to reduce the facility’s plot space
by approximately 20 percent through modularization and packing
equipment into modules. This approach helped reduce the project’s
capital costs by nearly 30 percent from initial estimates, reduce
disruptions to the existing operating facility and reduce the
construction schedule. The project achieved zero lost-time
incidents, with more than 1.3 million hours worked.
“Having engaged with Shell from the project’s initial stages, we
delivered this commercial-scale carbon capture facility that meets
both their capital efficiency needs and operational targets,” said
Jim Brittain, president of Fluor’s Energy & Chemicals business
in the Americas. “This award recognizes the results that are
achieved with Fluor’s integrated solutions project approach. Our
team members continuously proposed and developed innovative ideas,
while aligning with the client and end users, to help us achieve
our safety, budgetary and schedule goals, and execute this project
with excellence.”
“Global Best Projects identifies and honors the global project
teams behind outstanding design and construction efforts during the
past year,” said Scott Blair, deputy editor, Regions, ENR. “The
winners, including the Shell Quest Project, exemplify the
challenges, risks and rewards of designing and constructing
throughout the world.”
Entries were judged on safety performance, innovation, community
contribution, design and construction excellence, ability to
overcome challenges and teamwork, by industry veterans and past
award winners.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is a global engineering and
construction firm that designs and builds some of the world's most
complex projects. The company creates and delivers innovative and
integrated solutions for its clients in engineering, procurement,
fabrication, construction, maintenance and project management on a
global basis. For more than a century, Fluor has served clients in
the energy, chemicals, government, industrial, infrastructure,
mining and power market sectors. Headquartered in Irving, Texas,
Fluor ranks 136 on the FORTUNE 500 list. With 40,000 employees
worldwide, the company's revenue for 2014 was $21.5 billion. Visit
Fluor at www.fluor.com and follow on Twitter @FluorCorp.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150910005220/en/
Fluor CorporationMedia RelationsBrian Mershon,
469-398-7621orBrett Turner, 864-281-6976orInvestor RelationsGeoff
Telfer, 469-398-7070orJason Landkamer, 469-398-7222
Fluor (NYSE:FLR)
Historical Stock Chart
From Feb 2024 to Mar 2024
Fluor (NYSE:FLR)
Historical Stock Chart
From Mar 2023 to Mar 2024