Fluor Awarded Construction Management Contract by Sunoco Logistics for Mariner East 2 Project
OREANDA-NEWS. February 22, 2016. Fluor Corporation (NYSE: FLR) announced today that it was awarded a construction management contract by Sunoco Logistics for the Mariner East 2 project at its Marcus Hook Industrial Complex on the Delaware River in Pennsylvania. Fluor booked the undisclosed contract value into backlog in the fourth quarter of 2015.
Upon completion, Mariner East 2 is anticipated to provide an additional 275,000 barrels-per-day of natural gas liquids (NGLs) for distribution to local, domestic and international markets. Fluor will manage the construction of new terminal facilities to store, chill, process and distribute propane, butane and ethane at the complex.
“Fluor is pleased to have been selected by Sunoco Logistics for this critical element of Mariner East 2,” said Jim Brittain, president of Fluor’s Energy & Chemicals business in the Americas. “It is an important project within their expansion program that enables the continuing development of the Marcus Hook Industrial Complex into a world-class NGL hub. We will leverage our extensive construction management experience to bring capital efficiency and schedule certainty to this fast-track project.”
The project will leverage innovative construction methodologies, including a project-wide collaboration platform to streamline processes and facilitate execution with increased efficiency.
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.