Fluor awarded Chinese development project

Projects and Operations - May 18, 2001

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Fluor Corporation says Phillips Petroleum Company has selected its OffshoreServices Division to provide engineering services for the Bohai Bay Peng Lai19-3 Phase II Development Project in the People's Republic of China.

Fluor said the contract initially calls for feasibility studies with options for front-end design, detailed engineering, procurement services, and construction support services. Production from this project is expected in 2005.

Development concepts include tying over 100 wells to either a FPSO vesselor to conventional jacket mounted topsides facilities.

The Bohai Bay Peng Lai 19-3 Phase II Development Project is a co-venturebetween Phillips Petroleum and the China National Offshore Oil Corporation(CNOOC). CNOOC's Production Research Center will join with a Fluor team basedin Houston to perform the work.

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