Fluor inks MOU with Saudi Arabian Mining Company

Fluor inks MOU with Saudi Arabian Mining Company

5:29 AM, 29th June 2017
Fluor logo
To support future projects of Ma’aden.

IRVING, US/ AL KHOBAR, SAUDI ARABIA: Fluor Corporation (FLR) has signed a memorandum of understanding (MOU) with Saudi Arabian Mining Company (Ma’aden) to support future Ma’aden projects, located within and outside the Kingdom of Saudi Arabia.

Under the MOU, Fluor would be considered for conceptual; pre-front-end engineering and design (FEED); engineering, procurement and construction management (EPCM); and program management contracting services for future projects.

“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, who signed the MOU at the inaugural Saudi-US CEO Forum.

“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,” added Seaton.

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