FLR

Fluor Announces First Gold from Gold Fields’ Salares Norte Mining Project in Chile

Retrieved on: 
Wednesday, April 3, 2024
Construction & Property, Natural Resources, Other Manufacturing, Engineering, Other Natural Resources, Other Construction & Property, Mining, Minerals, Manufacturing, Altitude, Carbon, Metal, Multimedia, FLR, Gold, Solar energy, Gold Fields

Fluor Corporation’s (NYSE: FLR) Mining & Metals business announced today that first gold has been achieved at Gold Fields’ Salares Norte mining project in Chile.

Key Points: 
  • Fluor Corporation’s (NYSE: FLR) Mining & Metals business announced today that first gold has been achieved at Gold Fields’ Salares Norte mining project in Chile.
  • Salares Norte is a high-grade gold-silver, open-pit deposit in the Atacama region of northern Chile at an altitude of between 12,750-15,400 feet (3,900-4,700 meters) above sea level.
  • View the full release here: https://www.businesswire.com/news/home/20240403153250/en/
    An aerial view of Gold Fields’ Salares Norte Mining Project in northern Chile (Photo: Business Wire)
    “Salares Norte is a project at the forefront of innovation, technology and environmental care,” said Harish Jammula, President of Fluor’s Mining & Metals business line.
  • Once fully operational, approximately 350,000 ounces of gold are expected to be mined annually through the life of the mine.

Fluor Corporation to Hold First Quarter Earnings Conference Call

Retrieved on: 
Tuesday, April 2, 2024
Engineering, Other Construction & Property, Manufacturing, Construction & Property, Building Systems, Other Manufacturing, ID, Telephone, Webcast, Corporation, FLR, Fluor Corporation, Broadcasting

Fluor Corporation (NYSE: FLR) will hold a conference call to review results for its first quarter ended March 31, 2024.

Key Points: 
  • Fluor Corporation (NYSE: FLR) will hold a conference call to review results for its first quarter ended March 31, 2024.
  • The public is invited to listen to the conference call on Friday, May 3, 2024 at 8:30 a.m. Eastern with Chairman and Chief Executive Officer David Constable and Chief Financial Officer Joe Brennan.
  • Financial results will be released prior to market open that day.
  • The live webcast and a replay will be available with accompanying slides online at investor.fluor.com .

Hamline University Research Validates Highly Cost-Effective Impairment Assessment Algorithm for Workers' Compensation Cases

Retrieved on: 
Wednesday, April 3, 2024
Physics, NP-hardness, Health, American Medical Association, Headache, Patient, FLR, Research, Table, Doctor of Philosophy, MD, Insurance, ADL, Lawyer, FCR, Heart, WPI, QME, Fifth Edition, Hamline University, Nursing

ST. PAUL, Minn., April 3, 2024 /PRNewswire-PRWeb/ -- Hamline University, in collaboration with impairment rating calculations company Rate-Fast, today announced groundbreaking research that revolutionizes the assessment of impairment in workers' compensation cases. The study validates a novel algorithm-based Functional Loss Rating (FLR) method, which offers a more objective, efficient, and cost-effective approach for calculating a whole-person impairment (WPI) score, upon which compensation for work-related injuries is based. The study demonstrates that the computational FLR method is consistently more accurate than the traditional, manual Four Corners Rating (FCR) system, the current industry standard for WPI measurement.

Key Points: 
  • ST. PAUL, Minn., April 3, 2024 /PRNewswire-PRWeb/ -- Hamline University, in collaboration with impairment rating calculations company Rate-Fast, today announced groundbreaking research that revolutionizes the assessment of impairment in workers' compensation cases.
  • The study validates a novel algorithm-based Functional Loss Rating (FLR) method, which offers a more objective, efficient, and cost-effective approach for calculating a whole-person impairment (WPI) score, upon which compensation for work-related injuries is based.
  • FLR is a mathematical impairment evaluation method that uses advanced data analytics to calculate an objective, accurate WPI rating.
  • The algorithm at the heart of FLR was built on more than a decade of research comprised of nearly 70,000 impairment case rating experiences.

Fluor Joint Venture Awarded U.S. Department of Energy Hanford Integrated Tank Disposition Contract

Retrieved on: 
Thursday, March 7, 2024
Other Defense, Contracts, Engineering, Other Energy, Oil, Gas, Manufacturing, Alternative Energy, Energy, Defense, Fluor Corporation, FLR, Multimedia, BWX Technologies, Waste treatment, Amentum, Plutonium, Safety, Health, Corporation, DOE, Environment

Fluor Corporation (NYSE: FLR) announced today that the U.S. Department of Energy (DOE) selected Hanford Tank Waste Operations & Closure, LLC (H2C) – a joint venture led by a subsidiary of BWX Technologies, Inc., together with Fluor and Amentum – to execute the Hanford Integrated Tank Disposition Contract.

Key Points: 
  • Fluor Corporation (NYSE: FLR) announced today that the U.S. Department of Energy (DOE) selected Hanford Tank Waste Operations & Closure, LLC (H2C) – a joint venture led by a subsidiary of BWX Technologies, Inc., together with Fluor and Amentum – to execute the Hanford Integrated Tank Disposition Contract.
  • The new contract has an estimated ceiling of $45 billion over a 10-year ordering period for environmental management operations at the Hanford Site in Washington state.
  • Fluor will recognize its share of earnings from this new contract using the equity method of accounting.
  • The DOE is engaged in one of the great public works projects of this century at the Hanford Site.

Fluor Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 20, 2024
Engineering, Other Construction & Property, Manufacturing, Construction & Property, Building Systems, Other Manufacturing, Weapon, Fluor Corporation, Construction, FLR, EPCM, Mining, Telephone, FEMA, News, NuScale Power, Table, ID, Sale, Defense, GAAP, Webcast, EnergySolutions, Depreciation, EPS, G&A, Corporation, DOE, Dow, Bookkeeping

Revenue for 2023 was $15.5 billion and net income attributable to Fluor was $139 million, or $0.54 per diluted share.

Key Points: 
  • Revenue for 2023 was $15.5 billion and net income attributable to Fluor was $139 million, or $0.54 per diluted share.
  • Fourth quarter 2023 results include a net loss attributable to Fluor of $21 million, or ($0.12) per diluted share, compared to net earnings attributable to Fluor of $9 million, or ($0.01) per diluted share in the fourth quarter of 2022.
  • Results for the fourth quarter of 2023 include a settlement of claims on a legacy infrastructure project offset by cost growth and schedule extension on a large upstream legacy project that is scheduled to complete in the first quarter of 2024.
  • Consolidated segment profit for the fourth quarter of 2023 totaled $85 million compared to $174 million a year ago.

Fluor to Participate in Upcoming Investor Conferences

Retrieved on: 
Monday, February 19, 2024
Engineering, Other Construction & Property, Manufacturing, Commercial Building & Real Estate, Construction & Property, Building Systems, Other Manufacturing, Citigroup, Fluor Corporation, FLR, Corporation, Conference

Fluor Corporation (NYSE: FLR) today announced that Jason Landkamer, Executive Director- Investor Relations will be hosting one on one meetings at the following investor conferences:

Key Points: 
  • Fluor Corporation (NYSE: FLR) today announced that Jason Landkamer, Executive Director- Investor Relations will be hosting one on one meetings at the following investor conferences:
    Barclay’s Industrial Select Conference - February 21 in Miami Beach, FL at Loews Miami Beach
    Citi's 2024 Global Industrial Tech and Mobility Conference - February 22 in Miami Beach, FL at the Ritz Carlton South Beach

Flash News: OKX Adds FLR and IOST Tokens to On-Chain Earn Product

Retrieved on: 
Thursday, February 22, 2024
OKX, FLR, Cryptocurrency

OKX has expanded its On-Chain Earn product today with the addition of FLR and IOST, offering users the chance to earn rewards through staking.

Key Points: 
  • OKX has expanded its On-Chain Earn product today with the addition of FLR and IOST, offering users the chance to earn rewards through staking.
  • With these new additions, users can stake FLR and IOST to experience on-chain rewards without any hassle.
  • To stake FLR or IOST on On-Chain Earn, users can go to the 'Grow' section on the OKX website or app .
  • The inclusion of FLR and IOST to On-Chain Earn broadens OKX's range of services and offers users more chances to optimize their assets' potential.

Fluor Selected as FEMA’s East Zone Contractor for its Public Assistance Technical Assistance Contracts V

Retrieved on: 
Thursday, February 8, 2024
Public Policy, Government, Law Enforcement, Emergency Services, Engineering, Defense, Manufacturing, Other Defense, Contracts, Welfare, Fluor Corporation, Corporation, Multimedia, Fluor, FLR, FEMA, Emergency, Bottled water

Fluor Corporation (NYSE: FLR) announced today that the U.S. Federal Emergency Management Agency (FEMA) has selected Fluor to provide recovery services under the Public Assistance Technical Assistance Contracts V (PA TAC V) for their East Zone region.

Key Points: 
  • Fluor Corporation (NYSE: FLR) announced today that the U.S. Federal Emergency Management Agency (FEMA) has selected Fluor to provide recovery services under the Public Assistance Technical Assistance Contracts V (PA TAC V) for their East Zone region.
  • PA TAC V supports FEMA’s distribution of public assistance following presidentially declared disasters or emergencies.
  • View the full release here: https://www.businesswire.com/news/home/20240208425567/en/
    Fluor selected by FEMA to provide recovery services under the Public Assistance Technical Assistance Contracts V (PA TAC V) for East Zone region.
  • The East Zone encompasses FEMA Regions III & IV and consists of 14 eastern/southeastern states/areas and all FEMA Headquarters Task Orders.

Fluor’s Econamine FG PlusSM Carbon Capture Technology Selected to Reduce CO2 Emissions at Chevron Facility

Retrieved on: 
Tuesday, February 6, 2024
Other Energy, Professional Services, Oil, Gas, Environmental Health, Energy, Other Construction & Property, Environment, Construction & Property, Engineering, Building Systems, Environmental, Social and Governance (ESG), Manufacturing, Multimedia, Carbon dioxide, FLR, Fluor, Fluor Corporation, Carbon, CO2, Corporation

Fluor Corporation (NYSE: FLR) announced today that Chevron New Energies has signed a license agreement with Fluor to use its proprietary Econamine FG PlusSM carbon capture technology to reduce carbon dioxide (CO2) emissions at Chevron’s Eastridge Cogeneration facility in Kern County, California.

Key Points: 
  • Fluor Corporation (NYSE: FLR) announced today that Chevron New Energies has signed a license agreement with Fluor to use its proprietary Econamine FG PlusSM carbon capture technology to reduce carbon dioxide (CO2) emissions at Chevron’s Eastridge Cogeneration facility in Kern County, California.
  • Fluor recognized the undisclosed license award in the fourth quarter.
  • View the full release here: https://www.businesswire.com/news/home/20240206946145/en/
    Fluor’s Econamine FG Plus carbon capture technology expected to reduce CO2 emissions at Chevron facility by approximately 95% (Photo: Business Wire)
    “We are pleased to help Chevron achieve their CO2 reduction goals through the use of our carbon capture technology,” said Jim Breuer, Group President of Fluor’s Energy Solutions business segment.
  • “We are seeing significant activity across the globe in carbon capture and are pleased to employ our Econamine FG Plus technology to this important project.”
    When installed, Fluor’s carbon capture solution is expected to reduce the Eastridge facility’s carbon emissions by approximately 95%.

Flash News: OKX to List FLR Perpetual Futures & Enable Margin Trading and Simple Earn For the Token

Retrieved on: 
Tuesday, February 6, 2024
USDT, UTC, OKX, FLR, Cryptocurrency

OKX today announced that it will list FLR on its perpetual futures market at 8:30 AM (UTC) on February 6.

Key Points: 
  • OKX today announced that it will list FLR on its perpetual futures market at 8:30 AM (UTC) on February 6.
  • In addition to the USDT-margined FLR listing - with up to 50 x leverage - margin trading and Simple Earn for FLR will be activated at 8:00 AM (UTC) on the same day.
  • The Flare Token (FLR), initially known as Spark, is the native token of the Flare Network .
  • The Flare token, identified by the ticker FLR, can be purchased and traded on various centralized and decentralized exchanges.