Fluor-Led JV Supports Successful Completion and Startup of Major Project at Tengiz Oil Field in Kazakhstan [Yahoo! Finance]
Fluor Corporation (FLR)
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Source: Yahoo! Finance
Tengizchevroil Ramps-Up Production Following Announcement of First Oil IRVING, Texas, March 04, 2025 BUSINESS WIRE Fluor Corporation (NYSE: FLR) is pleased to announce that it successfully led a joint venture that supported the completion and startup of Tengizchevroil's (TCO) Future Growth Project (FGP) at the Tengiz oil field in Kazakhstan. The Fluor-led joint venture, including partners Worley, Kazakh Institute of Oil and Gas, and KazGiproNefteTrans Engineering Company, has provided a suite of engineering, procurement, construction, operations and maintenance services for TCO since 2011. "Achieving first oil is a significant accomplishment and we congratulate the TCO team," said Mike Alexander, President of Fluor's Energy Solutions business. "Fluor has supported TCO for the past 14 years and has been active in the Republic of Kazakhstan since 1982, working on projects that have helped shape the oil and gas industry." As part of the FGP, a new Third-Generation Plan (3GP) was b
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