Fluor forms Philippines joint venture with modular engineering group AG&P
Fluor on Thursday unveiled a new joint venture with AG&P, a Philippines-based company that specializes in modular engineering and fabrication services.
The new entity, called AG&P Fluor Joint Venture Co., will provide a full range of integrated engineering, fabrication, module assembly and construction services to Fluor’s clients, according to the company.
“Consistent with our growth strategy, this new venture with AG&P enables Fluor to provide our clients with an integrated construction model that is both cost effective and will help reduce construction schedules thereby increasing our clients’ ability to bring their project to completion faster,” said Peter Oosterveer, president of Fluor’s energy and chemicals group.
As part of the partnership, Fluor says it will bring expertise and technology in engineering, procurement, construction management and project management services across a wide range of industries.
Meanwhile, AG&P will leverage its experience providing fabrication and modularization services for clients in the oil and gas, power, chemical and mining industries.
“AG&P is enormously excited by the prospect of supporting Fluor’s modularization requirements in the future,” said Joseph Sigelman, chairman of AG&P.
“AG&P brings to this partnership our deep and talented pool of Filipino craftsmen and women who take great pride in their work, a strong operational and technical backbone and a safety culture built over time, which complements our 112-year heritage," he added.
This year marks Fluor’s 100th anniversary as a corporation as well as its 25th year of providing engineering, procurement, construction and project management services in the Philippines.
The company’s local 2,200 professionals working in offices in Manila and Cebu support a wide range of clients in the oil and gas, chemicals, power and mining industries worldwide, the company says.
AG&P, established in the Philippines in 1900, fabricates modules for refineries, power plants, offshore platforms and mining processing and refining operations.
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