Fluor wins Canadian oil sands work for $1.3 billion

Fluor was awarded an engineering, procurement, fabrication and construction contract by Fort Hills Energy for the utilities scope of the Fort Hills oil sands mining project, the company confirmed on Wednesday.

The project is located about 90 km north of Fort McMurray in Alberta, Canada. Fluor booked the contract for $1.3 billion in the third quarter of 2014.

“Fluor looks forward to delivering our integrated engineering, procurement, fabrication and construction solution to this significant project in Canada’s Athabasca oil sands,” said Jim Brittain, president of Fluor’s energy and chemicals business business for the Americas region.

“Fluor will apply our unique modular design and execution approach using our proprietary 3rd Gen Modular ExecutionSM technology. We will fabricate a significant number of components offsite in order to deliver both schedule and capital efficiencies to Fort Hills.”

The Fort Hills project will be developed as an open-pit truck and shovel mine and is planned to yield 180,000 bpd of bitumen at full production. First oil is expected as early as the fourth quarter of 2017.