Fluor Wins Big in Chile & the US

Spence Open-Cut Copper Mine, Chile

Proving that enterprise agreements are great for business, it looks like Aconex enterprise partner Fluor, who build their projects on Aconex, is on a roll.

2 days ago, in Chile, Fluor won the construction contract to build BHPs new $3,1bn expansion of the Spence copper mine, termed the Spence Growth Option.

Fluor Joint Venture Awarded BHP Copper Concentrator Mining Project in Chile

Business Groups (Mining and Metals), Company (Fluor), Regions (South America)

Monday, September 25, 2017 6:55 am EDT


IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that its joint venture team was awarded an engineering, procurement and construction contract for BHP’s Spence Growth Option project at the Spence open-cut copper mine in northern Chile. The 50/50 joint venture with SalfaCorp is responsible for the delivery of the 95,000-ton-per-day copper concentrator and associated works. Fluor will book its share of the value in the third quarter of 2017.

http://newsroom.fluor.com/press-rel...-bhp-copper-concentrator-mining-project-chile

http://www.theaustralian.com.au/bus...e/news-story/d89a9080adc6ab7a5e9e2bec7723969a

While 5 days ago, another AUD $2bn plus in new Fluor projects was confirmed:

Fluor to Service US$1.87 Billion in Projects Set to Begin Construction in Fourth Quarter, an Industrial Info News Alert


NEWS PROVIDED BY
Industrial Info Resources, Inc.
Sep 22, 2017, 07:30 ET

SUGAR LAND, Texas, Sept. 22, 2017 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--Engineering, procurement and construction (EPC) firm Fluor Corporation (Irving, Texas) is involved in $1.87 billion worth of active projects that are set to begin construction before the end of the year, according to Industrial Info's project database.

The company is a key player in North America's energy-related markets, where its Petroleum Refining Industryprojects lead its slate of fourth-quarter kickoffs.

http://www.prnewswire.com/news-rele...-an-industrial-info-news-alert-300524151.html

The 2016 announcement of the Aconex enterprise agreement with Fluor reads, in part:

Under the three-year enterprise agreement, Fluor will implement Aconex for project information and process management across its business units and new projects worldwide. The terms of the agreement provide flexibility for Fluor to scale usage over time as new projects and users are added to the Aconex collaboration platform.

“Our enterprise agreement with Fluor is a key milestone,” said Aconex CEO Leigh Jasper. “We have helped Fluor successfully deliver projects across the infrastructure, oil and gas, and industrial sectors in the U.S., Australia, the Middle East, and Africa.

Now we look forward to helping them drive continuous improvement in project performance throughout their organization and project network.”

https://www.aconex.com/news/press-release/aconex-signs-enterprise-agreement-fluor-corporation

-------------------------------------------------------------------------------------------------------------
This post is based on my own research and is not investment advice. When making investment decisions, always DYOR.