Siemens reaches long-term cooperation agreement with Fluor

3 March 2009 - The Siemens Energy and Industry sectors have signed an agreement with Fluor Corporation to strengthen the cooperation between the two companies.

This strategic alliance establishes Siemens as a preferred supplier to Fluor and its global projects business.

In the course of this long-term cooperation, the two companies will be coordinating their work and planning processes to better meet the increased project requirements. The focus will be on risk minimization and the acceleration of planning and implementation processes for major projects.

Fluor is responsible for the implementation of a wide range of major projects worldwide. "As a result of this long-term partnership, Siemens can be involved in project development right from the beginning," said Wolfgang Heuring, Siemens' Corporate Executive Sponsor for Fluor and CEO of Siemens Energy's Medium Voltage business unit.

"This cooperation will enable the two companies to provide the maximum benefit to the end client at an early stage. We can thus simplify the project development process and make optimum use of the resources of the two companies. The two businesses will decide on a case-to-case basis how Siemens can provide the end client with the best possible support."

This agreement enables Fluor to take advantage of Siemens' broad solution and product range of the Oil & Gas, Power Transmission and Power Distribution Divisions of Siemens Energy, as well as those of the Industrial Automation, Drive Technology and Industrial Solutions Divisions of the Siemens Industry Sector.

Siemens' presence in more than 190 countries around the world and its global manufacturing locations demonstrate that Siemens is close to the vast majority of Fluor's clients and can utilize locally added value, where appropriate.

Early involvement of Siemens will help to ensure that components with long lead times are available and reduce the likelihood that supply bottlenecks or unexpected high price fluctuations occur.

An additional component of the agreement is that Siemens will also handle the coordination with licensing authorities or other project partners for defined subprojects.

Sponsored by FLSmidth

Related Articles

Siemens wind SWT 2.3-108 turbines New Jersey Resources NJR Clean Energy Ventures Iowa completed commercial operations Mortenson Construction MidAmerican Energy NJR Clean Energy Ventures Montana Two Dot wind

Iowa wind farm begins commercial operations

NJR Clean Energy Ventures (NJRCEV), a subsidiary of New Jersey Resources (NYSE: NJR), completed a $42 million wind energy project in Iowa.

Siemens to maintain California natural gas-fired power plant

Siemens (NYSE: SI) was awarded a long-term service agreement for the 507-MW Blythe Energy Center, a natural gas-fired power plant in California.

Follow Power Engineering on Twitter
Latest News

Dominion Virginia Power shelves plans for offshore wind project

Dominion Virginia Power, a subsidiary of Dominion (NYSE: D), put plans to build an offshore w...

Coal ash recycling company successfully repurposes pond ash

The SEFA Group Inc. recently opened a stand-alone Staged Turbulent Air Reactor (STAR) facilit...

Hawaii energy park, Sandia National Laboratories to test energy storage

The Natural Energy Laboratory of Hawaii Authority (NELHA) has secured a deal with New Mexico-...

E.ON, GE wind farm reaches operation in Texas

E.ON and GE's (NYSE: GE) Energy Financial Services celebrated the opening of the Grandview Wi...

Feds move to speed approval for Great Plains wind projects

Federal officials are moving to speed up their review of wind power projects across the Upper...

Sempra U.S. Gas & Power acquires Minnesota wind project

Sempra U.S. Gas & Power has acquired the 78-MW Black Oak Getty wind project — in Stearns ...

Mississippi Power to build largest utility-scale solar projects in the state

Mississippi Power, a subsidiary of Southern Company (NYSE: SO), is partnering with two solar ...

Another measure to block advance of NC renewables law falls

North Carolina electric companies must keep planning to generate more power through alternati...

Power Engineering Current Issue

01/01/2015
Volume 119, Issue 1
1501pe-cover-lg
Products Showcase
Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015

Power Industry Wire News

Rockdale Resources Enters Into Letter of Intent to Acquire Working Interest in a Historical Oklahoma Oil Field

Rockdale Resources Enters Into Letter of Intent to Acquire Working Interest in a Histor...

Scorpio Tankers Inc. Announces Newbuilding Vessel Deliveries and Reminder for Upcoming Conference Call

Scorpio Tankers Inc. Announces Newbuilding Vessel Deliveries and Reminder for Upcoming ...

Falcon Crest Energy Searching for Opportunities Outside Oil and Gas Sector

Falcon Crest Energy Searching for Opportunities Outside Oil and Gas Sector

West Texas Resources, Inc. Announces Appointment of Paul Brogan to Board of Directors

West Texas Resources, Inc. Announces Appointment of Paul Brogan to Board of Directors

Younicos Commends U.S. Department of Energy Call for Energy Storage to Be Part of National Electricity Grid Infrastructure Improvements

Younicos Commends U.S. Department of Energy Call for Energy Storage to Be Part of Natio...

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>