Fluor lands two-year deal in Caspian region
- Business & Finance
U.S.-based engineering, procurement, fabrication, construction and maintenance company, Fluor, has been awarded an engineering services framework agreement with North Caspian Operating Company (NCOC).
The two-year framework agreement is for conceptual studies and front-end engineering for NCOC’s projects in the Caspian region.
NCOC operates oil and gas activities under the North Caspian Sea Production Sharing Agreement, including Kashagan, one of the world’s largest offshore oil fields located in the Kazakhstan zone of the Caspian Sea, as well as the Kalamkas, Aktoty and Kairan fields in Kazakhstan.
Engineering teams from Fluor’s offices in Atyrau, Kazakhstan and Farnborough, UK will undertake the studies.
“Fluor is delighted to have been selected by NCOC for these important projects,” said Al Collins, president of Fluor’s Energy & Chemicals business in Europe, Africa and Middle East.
“Through early involvement, we can work with our client to optimize design and construction solutions to deliver capital efficiency. We will leverage our extensive knowledge of executing oil and gas projects in Kazakhstan by applying our unique integrated solutions approach.”