Canada: Kearl oil sands contract

Fluor Corp. has been awarded an engineering, procurement and construction (EPC) contract for infrastructure and offlease facilities for the first phase of Imperial Oil’s Kearl oil sands project, a surface mining and bitumen extraction operation located 70km NE of Fort McMurray, Alberta. For this project, Fluor will book approximately USD 1.5 billion in 2009, with the majority of the award recognized in the second quarter of 2009. The Kearl project is envisioned to be developed in three phases and could ultimately produce more than 300,000bpd of bitumen. The first phase of the project is expected to begin production in late 2012.
Previous articleNuclear-powered carrier gets overhaul
Next articleNickel King project metallurgical study
Stainless Steel World Americas Publisher
Stainless Steel World Americas is part of the KCI Group of Companies. We are a leading knowledge, communication and information company connecting business-to-business professionals by building and sustaining global communities, solving their information needs and helping them to develop their professional life and friendships.