Fluor Corporation has signed a two-year engineering services framework agreement with North Caspian Operating Company (NCOC) to conduct conceptual studies and front-end engineering for multiple projects in the Caspian Sea region.
NCOC holds responsibility for operating oil and gas activities in this region under the North Caspian Sea Production Sharing Agreement.
It operates Kalamkas, Aktoty and Kairan fields, along with Kashagan, one of the largest offshore oilfields located in Kazakhstan zone of the Caspian Sea.
Fluor president of energy and chemicals business in Europe, Africa and Middle East Al Collins said: “Fluor is delighted to have been selected by NCOC for these important projects. Through early involvement, we can work with our client to optimise design and construction solutions to deliver capital efficiency.
“We will leverage our extensive knowledge of executing oil and gas projects in Kazakhstan by applying our unique integrated solutions approach.”
Fluor will employ engineering teams from its offices at Atyrau, Kazakhstan and Farnborough, the UK to conduct the studies.
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Fluor started working in Kazakhstan in 1982. Since then, it has completed various projects by conducting conceptual studies and front-end engineering design. Headquartered in Irving in Texas, Fluor generated revenue of $18.1bn in 2015.
Fluor Corporation is a global engineering, procurement, fabrication, construction and maintenance company that designs, builds and maintains capital-efficient facilities for its clients.