NYSE:FLRConstruction
How Investors May Respond To Fluor (FLR) Securing LNG Canada Phase 2 Work And Growing Backlog
Fluor Corporation recently announced that its JGC Fluor BC LNG II joint venture received a limited notice to proceed for the proposed Phase 2 expansion of the LNG Canada export facility in Kitimat, British Columbia, following the partners’ delivery of Phase 1 in 2025.
This limited notice, combined with Fluor’s quarter featuring US$2.70 billion of mostly reimbursable new awards and backlog rising to US$25.70 billion, underscores how large liquefied natural gas and infrastructure projects...