Fluor 2004 Annual Report Download - page 6

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Nearly 35,000
employees worldwide,
with a network of offices
in 25 countries across
six continents.
Oil & Gas Fluor has an extensive his-
tory of providing services to the worldwide
oil and gas production and processing
industries. While Fluor performs projects of
all sizes, it is one of the few companies with
the global scope, experience and program
management capabilities to handle the large,
complex projects in challenging geographic
locations, which often characterize the oil and
gas industry. Global supply and demand
fundamentals have been driving a major cycle
of capital investment which is expected to
continue for several more years.
Fluor’s Government business
has had a strong strategic focus
to expand and diversify its
participation in the large, long-
term and growing market for
Government services. Expansion
has been augmented with strategic
niche acquisitions which have
further extended the company’s
markets and provided key resources.
Fluor has been proud to also assist
in the reconstruction of Iraq.
POWER Fluor is an industry
leader in the design and construction
of power generation facilities. Over
the past 18 months, Fluor successfully
completed several projects marking
the completion of a major capital
investment cycle by the power indus-
try. Fluor remains well positioned in
the power market where increasing
interest is being directed at new
coal-fired facilities.