Fluor Corp. has signed a memorandum of understanding with Saudi Arabian mining company Ma’aden to support future Ma’aden projects located within and outside the Kingdom of Saudi Arabia.
According to a news release, the memo of understanding states that Fluor would be considered for conceptual; pre-front-end engineering and design (FEED); FEED; engineering, procurement and construction management; and program management contracting services for future projects.
Fluor has worked with Ma’aden for nearly 10 years. During that time, Fluor has executed work in excess of $15 billion for projects including the Ma’aden Aluminum Complex and the ongoing Umm Wu’al Phosphate Project, the release said.
“This understanding would allow both parties to increase their involvement in Saudi Arabia and expand their services outside the kingdom,” said David Seaton, Fluor’s chairman and CEO, in the release. “Fluor’s legacy in Saudi Arabia dates back to 1947 and we have a strong partnership with Ma’aden, having delivered several of their mega-projects. We look forward to helping them advance their future projects as they continue to expand and diversify their business.”
Fluor is based in Irving, Texas and has offices in Greenville.