Company celebrates success in gas markets
RISHAD KHAN Fluor Igoda Projects has long-standing relationships with many refineries and has also developed a solid platform to support the bulk fuels storage and logistics network
Engineering, procurement and construction management (EPCM) services company Fluor Igoda Projects is celebrating ten successful years of undertaking capital projects in the oil, gas and chemicals markets in South Africa.
“During the past decade, we have worked on more than 40 terminals and depots across the country, supporting key clients with asset maintenance, upgrades, environmental compliance and capacity increase projects,” says Fluor Igoda Projects MD Rishad Khan.
He states that Fluor Igoda Projects has long-standing relationships with many refineries and has also developed a solid platform to support the bulk fuels storage and logistics network.
Khan, moreover, explains that the relationship between Fluor and Igoda Projects – a 100% black-owned company – started more than 13 years ago.
“Initially, Igoda Projects was Fluor’s electrical and instrumentation subconsultant. After working together successfully for about 18 months, the relationship was elevated to joint venture status to offer EPCM services to targeted coastal clients.”
Formalised in 2006, Durban-based Fluor Igoda Projects was established with Fluor holding 70% ownership and Igoda 30%. The key drivers at that stage were to create a platform for skills transfer from Fluor to Igoda and to empower Igoda to undertake EPCM projects on a standalone basis. Fluor was then able to implement its transformation agenda as well as comply with the broad-based black economic-empowerment mandate.
“Our clients have relied on our fit-for- purpose tools and processes to successfully execute multiple capital projects simultaneously with support from Fluor's regional and global network,” Khan adds.
He further explains that the company offers integrated solutions to clients and specialises in on-site-based activities and cost-competitive execution models.
“We are looking forward to the next ten years and are excited by the potential opportunities the future holds,” Khan concludes.
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