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Stock Market & Financial Investment News

News Breaks
February 10, 2014
08:41 EDTFLRFluor names Peter Oosterveer as COO
Fluor Corporation announced a realignment of senior executives to improve its speed to market and client offerings for its commercial businesses. Peter Oosterveer was named COO, responsible for leading the growth and development of Fluor’s commercial business lines. In addition to Oosterveer’s appointment as COO, Fluor is creating a more streamlined organization based on the company’s commercial business lines. He is additionally responsible for the integration and advancement of the company's direct-hire construction, fabrication and modularization capabilities. Financial performance will be reported through the company’s current reporting segments. Oosterveer was formerly the group president of Fluor’s Energy & Chemicals Group.
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July 15, 2014
08:15 EDTFLRFluor wins LNG terminal contract in Rotterdam
Fluor Corporation was awarded a contract by Gate Terminal BV, a subsidiary of Dutch Vopak and Gasunie, to design and build a liquefied natural gas break bulk terminal in Rotterdam, the Netherlands. Fluor booked the contract for an undisclosed value in 2Q14. Fluor will provide engineering, procurement and construction management services for the jetty, loading facilities, boil-off gas compressors, connection to the LNG terminal and other facilities. Fluor’s office in Spain, which has completed LNG projects globally, will be responsible for executing the project. Gate Terminal anticipates the terminal will be ready for operation in 2016.

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