ICA » Topics » Mexico City, October 2, 2007 - ICA Fluor, the industrial engineering company jointly owned by Fluor Corporation (NYSE: FLR) and Empresas ICA (NYSE: ICA),

This excerpt taken from the ICA 6-K filed Oct 2, 2007.
Mexico City, October 2, 2007 – ICA Fluor, the industrial engineering company jointly owned by Fluor Corporation (NYSE: FLR) and Empresas ICA (NYSE: ICA), announced today the signing of two contracts for the design, procurement and construction of two lightweight offshore platforms, Yaxche-B and KAB-A, in the Gulf of Mexico. The total combined value of the two contracts is approximately $20 million (USD). The new award will be booked in the company’s third quarter 2007.

The unit price contracts were awarded by PEMEX Exploration and Production to ICA Fluor’s subsidiary Industrias del Hierro (IH) which is dedicated to the fabrication of modules and offshore platforms. The scope of work for these contracts will include engineering, procurement, construction, load out, and sea bed-fastening of the offshore platforms. The two lightweight platforms weigh approximately 1,600 metric tons. Yaxche-B is expected to be completed by April 2008, and KAB-A by May 2008.

“Industrias del Hierro has successfully designed and constructed 11 platforms for PEMEX since 2003. We are pleased that we can continue to contribute to PEMEX’s development of the offshore fields in the Bay of Campeche,” said Juan Carlos Santos, ICA Fluor’s Director General.

 

 

 

PEMEX Exploration and Production is a subsidiary of PEMEX, Mexico’s state-owned integrated oil and gas company.

 

ICA Fluor is the leading industrial engineering company in Mexico, dedicated to the engineering, procurement, construction and maintenance of industrial facilities in the oil and gas, chemical, petrochemical, automotive, electricity, mining and telecommunication industries.

 

Empresas ICA was founded in 1947. ICA’s principal lines of business are construction and engineering; housing; and infrastructure operations, including airports, toll roads, and municipal services. For more information please visit www.ica.com.mx

 

Fluor Corporation (NYSE: FLR) provides services on a global basis in the fields of engineering, procurement, construction, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 500 company with revenues of $14.1 billion in 2006. For more information visit www.fluor.com.


 

 

 

 

 

For more information contact:

 

Alonso Quintana

(5255) 5272 9991 x 3653

alonso.quintana@ica.com.mx

 

In the United States:

Zemi Communications

Paloma Grediaga

(5255) 5272 9991 x 3664

paloma.grediaga@ica.com.mx

Daniel Wilson

(212) 689 9560

dbmwilson@zemi.com

Berenice Muñoz

(5255) 5272 9991 x 3678

berenice.munoz@ica.com.mx

Liliana Toro

(212) 689 9560

liliana.toro@zemi.com

 

 



SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: October 2 , 2007

 

Empresas ICA, S.A.B. de C.V.

 

  /s/ JOSE LUIS GUERRERO ALVAREZ         
  Name: José Luis Guerrero Alvarez
  Title: Chief Executive Officer

 

 

 

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