Fluor signs MOU with Inelectra to support Venezuelan energy, petrochemical and industrial projects
- MOU covers support for existing and future clients across Venezuela’s energy, petrochemical and industrial sectors.
- Inelectra has nearly 60 years of local market experience and offices in Caracas, Puerto La Cruz and Maracaibo.
- Fluor has completed more than 40 capital projects in Venezuela since 1982 across upstream, downstream, petrochemical and power sectors.
- Fluor and Inelectra previously formed a joint venture that developed the Hamaca Crude Upgrader, which reached up to 190,000 barrels per day when completed in 2004.
MOU purpose
Fluor signed a memorandum of understanding with Venezuela-based Inelectra to support existing and future clients across the country’s energy, petrochemical and industrial sectors. The intent is to create a locally anchored platform capable of delivering world-class project execution while maintaining quality and safety standards.
Combined capabilities
Fluor will leverage its global engineering, procurement, construction and project management expertise alongside Inelectra’s nearly 60 years of local market knowledge, established relationships and execution capabilities to deliver critical projects that support long-term economic growth in Venezuela.
Local footprint and track record
Inelectra operates from offices in Caracas, Puerto La Cruz and Maracaibo. Fluor has a long history in Venezuela, having completed more than 40 capital projects since 1982 across upstream, downstream, petrochemical and power sectors; a notable joint venture with Inelectra built the Hamaca Crude Upgrader, which reached up to 190,000 barrels per day when finished in 2004.
Source: Fluor