IRVING, TEXAS, October 2 /CNW/ - ICA Fluor, the industrial engineering
company jointly owned by Fluor Corporation (NYSE: FLR) and Empresas ICA (NYSE:
ICA), announced today the signing of two contracts for the design and
construction of two lightweight offshore platforms, Yaxche-B and KAB-A, in the
Gulf of Mexico. The total combined value of the two contracts is approximately
$20 million (USD). The new award was booked in the company's third quarter
The contracts were awarded by PEMEX Exploration and Production to ICA
Fluor's subsidiary Industrias del Hierro (IH) which is dedicated to the
fabrication of modules and offshore platforms. The scope of work for these
contracts will include engineering, procurement, construction, load out, and
sea bed-fastening of the offshore platforms. The two lightweight platforms
weigh approximately 1,600 metric tons. Yaxche-B is expected to be completed by
April 2008, and KAB-A by May 2008.
"Industrias del Hierro has successfully designed and constructed 11
platforms for PEMEX since 2003. We are pleased that we can continue to
contribute to PEMEX's development of the offshore fields in the Bay of
Campeche," said Juan Carlos Santos, ICA Fluor's Director General.
PEMEX Exploration and Production is a subsidiary of PEMEX, Mexico's
state-owned integrated oil and gas company.
About ICA Fluor
ICA Fluor is the leading industrial engineering company in Mexico,
dedicated to the engineering, procurement, construction and maintenance of
industrial facilities in the oil and gas, chemical, petrochemical, automotive,
electricity, mining and telecommunication industries.
About Empresas ICA
Empresas ICA was founded in 1947. ICA's principal lines of business are
construction and engineering; housing; and infrastructure operations,
including airports, toll roads, and municipal services. For more information
please visit www.ica.com.mx.
Fluor Corporation (NYSE: FLR) provides services on a global basis in the
fields of engineering, procurement, construction, operations, maintenance and
project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 500
company with revenues of $14.1 billion in 2006. For more information visit
For further information:
For further information: Fluor Corporation Media Relations: Keith
Stephens, 469-398-7624 or Steve Roth, 469-398-7623 or Investor Relations: Ken
Lockwood, 469-398-7220 or Jason Landkamer, 469-398-7222