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FINANCIAL NEWS
Fluor Corp. signs MOU with Saudi Ma’aden
01 Jul 2017
(MENAFN) Fluor Corporation signed a memorandum of understanding (MOU) with Saudi Arabian Mining Company (Ma”aden), in a step to support future Ma”aden projects located within and outside the Kingdom of Saudi Arabia.
The MOU confirmed Fluor would be considered for conceptual; pre-front-end engineering and design (FEED); FEED; engineering, procurement and construction management; and program management contracting services for future projects.
David Seaton, Fluor”s chairman and chief executive officer said: “This understanding would allow both parties to increase their involvement in Saudi Arabia and expand their services outside the Kingdom.”
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MENAFN0107201700450000ID1095589304
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