Fluor Corporation announced that it was awarded an engineering, procurement and construction management contract by Vopak Terminal Durban (Pty) Ltd. to deliver the Vopak Growth 4 Project in Durban, South Africa. Fluor booked the undisclosed contract value in the fourth quarter of 2017.
“This is one of Vopak’s largest storage facility projects in South Africa and the largest storage project undertaken by Fluor in Africa,” said Al Collins, president of Fluor’s Energy & Chemicals business in Europe, Africa and the Middle East.
“We are pleased to assist Vopak with this project where our team will use Fluor’s Zero Base ExecutionSM approach to safely develop fit-for-purpose integrated solutions to optimize the expansion of the facility,” said Alejandro Escalona, general manager of Fluor in Sub-Saharan Africa. “Fluor is successfully using Zero Base Execution all over the world to reduce the cost of facilities while improving schedule certainty by aligning the design and execution principles, project drivers and economic needs before design work begins.”
The expansion project is part of Vopak’s program to facilitate the increased demand for fuel with cleaner specifications in Southern Africa by increasing the capacity of fuel storage at its Durban terminal.
To add value to the project, Fluor will use its global networks to competitively source material and equipment that cannot be sourced locally. Local contractors and vendors will also be used to further develop and sustain the local labor market, enterprises and economy.
Fluor previously completed Vopak’s Fuel 2 project at the same location and will similarly execute this project in a safe, socially, economically and environmentally responsible manner to benefit future generations.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company that designs, builds and maintains capital-efficient facilities for its clients on six continents. For more than a century, Fluor has served its clients by delivering innovative and integrated solutions across the globe. With headquarters in Irving, Texas, Fluor ranks 149 on the Fortune 500 list with revenue of $19 billion in 2016 and has more than 60,000 employees worldwide.
About Vopak
Royal Vopak is the world's leading independent tank storage company. Vopak operates a global network of terminals located at strategic locations along major trade routes. With a 400-year history and a strong focus on safety and sustainability, Vopak ensures efficient, safe and clean storage and handling of bulk liquid products and gases for its customers. By doing so, Vopak enables the delivery of products that are vital to our economy and daily lives, ranging from oil, chemicals, gases and LNG to biofuels and vegoils. Vopak is listed on the Euronext Amsterdam stock exchange and is headquartered in Rotterdam, the Netherlands. Including its joint ventures and associates, Vopak employs an international workforce of over 5,500 people. As of 28 September 2017, Vopak operates 67 terminals in 25 countries with a combined storage capacity of 35.9 million cbm, with another 3.2 million cbm under development, to be added before the end of 2019.