Peter Oosterveer, President, Energy & Chemicals Group, Fluor.
IRVING, US: Fluor Corporation has made a niche acquisition of Goar, Allison & Associates (GAA), unit of Air Products. The Tyler, Texas-based company provides sulphur technologies for upstream gas plants, downstream refineries and gasification. The acquisition is consistent with Fluor’s ongoing evaluation of pursuing companies in key areas to support the oil and gas sector and other core Fluor markets.
Fluor has been actively involved working with GAA for nearly 20 years due to the company's core sulphur handling technologies-oxygen enrichment for Claus sulphur plants and molten sulphur. GAA’s core technologies are complementary to Fluor’s existing sulphur technologies.
“Fluor’s acquisition of GAA provides additional value for oil and gas clients in both the upstream and downstream capital project segments. As we’re called upon by clients to provide services in ever more remote locations around the globe, our ability to provide them added-value technology will be enhanced particularly in the Middle East, Brazil, China, Russia, Kazakhstan, Canada and Venezuela,” said Peter Oosterveer, President, Energy & Chemicals Group, Fluor.
(C) WOC News