EPC contract for Santos LNG project wins Fluor billions

Texas-based Fluor has announced that it booked $3.5bn (£2.2bn) in 2010’s fourth quarter for an engineering, procurement and construction (EPC) contract awarded by Santos for its Gladstone Liquefied Natural Gas (GLNG) project in Queensland, Australia.

Fluor’s EPC contract includes upstream facilities associated with the 7.8 million tonne-per-year liquefied natural gas (LNG) project that will extract and liquefy gas from coal deposits for eventual export to Asia and other global markets.