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Global Industries Enters Into Agreement With Fluor Offshore Solutions To Jointly Pursue Middle East Projects

Published: 03-Aug-2009

By: Staff Writer Staff Writer Staff Writer

Global Industries, Ltd. (Global Industries) has entered into an agreement with Fluor Offshore Solutions, a division of Fluor Corporation, to pursue offshore projects in the Middle East and North Africa (MENA) region. The agreement will jointly market and perform offshore construction projects for the oil and gas industry within the MENA region.

The agreement will leverage the depth of engineering, project management, procurement and installation processes to focus on both EPIC and traditional transportation and installation solutions.

John Clerico, Global Industries' chairman and chief executive officer, stated: "This exclusive agreement is an important step for both companies not only to give us efficiencies in markets we traditionally serve but also to provide us access to new prospects and new markets. From the standpoint of our customers, it means we can provide innovative solutions using the intellectual and logistical power of both companies while at the same time providing cost savings by dealing with one entity instead of many."

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