No 25



AMEC/Fluor Joint Venture To Bid For Oil Industry Reconstruction Contracts

International engineering services company AMEC and the USs Fluor Corporation have formed a joint venture (AMEC/Fluor) to bid for the expected contracts to rebuild Iraqs oil industry. The US Army Corps of Engineers (USACE) is expected to ask for bids shortly. Fluor will own 51% of the joint venture and AMEC 49%. The two companies said that if their joint venture won any of the contracts they...