May 2004

Trends and Resources

HP Construction: Europe

Fluor Corp. is providing engineering and procurement services for a major oil and gas processing facility on Russia's Sakhalin Island. Contract value is $80 million. The agreement is with Exxon Nefteg..

Jackson, Kim M., Hydrocarbon Processing Staff

Fluor Corp. is providing engineering and procurement services for a major oil and gas processing facility on Russia's Sakhalin Island. Contract value is $80 million. The agreement is with Exxon Neftegas Ltd., operator of the Sakhalin-1 consortium. Work will start immediately and be executed in multiple offices around the world. Under this contract, 80% percent of which will be subcontracted, Fluor will manage several large Russian construction companies to install an onshore oil and gas processing facility and well-pad infrastructure near the Chayvo field. In full production, the processing facility is planned to treat 250,000 bpd of crude oil. Gas will be made available for domestic s

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