Fluor wins $1.5bn contract for Canada oil sands project

07 July 2009 14:46  [Source: ICIS news]

TORONTO (ICIS news)--Fluor has won a $1.5bn (€1.1bn) contract for the development of an oil sands project in Canada's Alberta province, the petrochemicals and engineering firm said on Tuesday.

Fluor’s contract included engineering, procurement and construction for infrastructure and facilities for the first phase of the Kearl oil sands project, it said.

Kearl is being developed by Imperial Oil, the Canadian affiliate of US energy and petrochemicals major ExxonMobil.

The project was expected to ultimately produce more than 300,000 bbl/day of bitumen, Fluor said.

Canada’s oil sands projects are seen as an important source of feedstock for the development and expansion of petrochemicals plants.

($1 = €0.72)

To discuss issues facing the chemical industry go to ICIS connect

By: Stefan Baumgarten
+1 713 525 2653

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly