Fluor Signs MOU with Inelectra in Venezuela
Business Wire•04/11/2026•20:55 ET
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Key Highlights
- ➤Fluor signs MOU with Inelectra to pursue Venezuela energy and industrial projects
- ➤Partnership combines Fluor’s global project expertise with Inelectra’s nearly 60 years of local knowledge
- ➤Fluor and Inelectra previously developed Hamaca facilities capable of 190,000 barrels daily
- ➤Fluor completed more than 40 Venezuelan capital projects since 1982
- ➤Fluor reported 2025 revenue of $15.5 billion
Expert Statements
Pierre Bechelany, Business Group President of Energy Solutions at Fluor
“To support the increasing investment by international energy companies in Venezuela, we intend to create a locally anchored platform capable of delivering world-class project execution while maintaining the highest standards of quality and safety.”
Pierre Bechelany, Business Group President of Energy Solutions at Fluor
“By combining both our companies’ local and global capabilities, we will deliver critical projects that support long-term economic growth throughout Venezuela.”
Fluor Corporation (NYSE: FLR) announced today that it has signed a memorandum of understanding (MOU) with Inelectra, a Venezuela-based engineering, procurement and construction management company, to support existing and future clients across Venezuela's energy, petrochemical and industrial sectors.
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