IRVING, Texas--(BUSINESS WIRE)--Nov 4, 2026--
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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Fluor will leverage its global engineering, procurement, construction and project management expertise with Inelectra's nearly 60 years of local market knowledge, established relationships and proven execution capabilities.
“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,” said Pierre Bechelany, Fluor’s Business Group President of Energy Solutions. “By combining both our companies’ local and global capabilities, we will deliver critical projects that support long-term economic growth throughout Venezuela."
Fluor has a long history of delivering projects in Venezuela, having completed more than 40 capital projects since 1982 across the upstream, downstream, petrochemical and power sectors. Among the company’s flagship projects was the Hamaca Crude Upgrader, where a Fluor-Inelectra joint venture developed crude upgrading facilities at the Jose Industrial Complex. When completed in 2004, the facility was capable of producing up to 190,000 barrels of extra-heavy crude oil per day.
Inelectra is Venezuela’s largest engineering and construction firm, combining technical expertise with an integrated approach to create value for clients in the energy sector. It has offices in Caracas, Puerto La Cruz, and Maracaibo, Venezuela.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s nearly 23,500 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $15.5 billion in 2025 and is ranked 292 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has provided engineering, procurement, construction and maintenance services for more than a century. For more information, please visit www.fluor.com or follow Fluor on Facebook, Instagram, LinkedIn, X and YouTube.
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Hamaca Crude Upgrader Project, a Fluor-Inelectra joint venture that developed crude upgrading facilities at the Jose Industrial Complex. When completed in 2004, the facility was capable of producing up to 190,000 barrels of extra-heavy crude oil per day.
NEW ORLEANS (AP) — Saddiq Bey closed out a 22-point performance with six straight points in the final minutes of overtime, and the New Orleans Pelicans rallied to defeat the Utah Jazz 120-113 on Wednesday night.
Zion Williamson scored 23 points — all after halftime — as the Pelicans overcame a 13-point deficit late in the third quarter to pull out their fourth straight victory after four straight losses to open the season.
Dejounte Murray scored 20 points in his returned from a three-game absence after the birth of a child. Derik Queen scored 14 of his 20 points in the fourth quarter for the Pelicans, who played without Trey Murphy III (knee soreness).
Keyonte George scored 39 points and the Utah Jazz, who lost their sixth straight, and whose only victory this season came against New Orleans in Utah earlier this season.
George, who now has five 20-point games this season, hit consecutive 3s in the first minute of overtime to give Utah a 110-104 lead. But the Pelicans responded with 14 straight points, highlighted by Bey's off-balance, 6-footer that rolled all the way around the rim before falling in to make it 116-110 with 39 seconds left.
Lauri Markkanen had 21 points and 10 rebounds, hitting two 3s in the final 1:36 of regulation, the second giving Utah a 104-100 lead with 39 seconds left.
Williamson's driving layup and Murray's free throws tied it with 6.4 seconds left, and the game went to overtime — but only after George was a fraction of a second late getting off a pull-up jumper he hit over Williamson.
Official Courtney Kirkland left the court with with an apparent left leg injury during overtime, when the game was played with two officials.
Williamson, who also had two blocks and two steals. was held scoreless until he made two free throws with 8:49 remaining in the third quarter. He wound up with 13 points in the third period and his final four points came in overtime. Jeremiah Fears scored 19 points for New Orleans.
Jazz: Visit Dallas for an NBA Cup West Group A game on Friday night.
Pelicans: Host Minnesota in an NBA Cup West Group B match-up on Friday night.
See AP’s full NBA coverage here
Utah Jazz guard Keyonte George (3) reacts after making back-to-back 3-point baskets during overtime of an NBA basketball game against the New Orleans Pelicans, Wednesday, Nov. 4, 2026, in New Orleans. (AP Photo/Gerald Herbert)
New Orleans Pelicans forward Zion Williamson (1) is fouled by Utah Jazz guard Josh Okogie and guard Ace Bailey (19) during overtime of an NBA basketball game, Wednesday, Nov. 4, 2026, in New Orleans. (AP Photo/Gerald Herbert)
New Orleans Pelicans forward Zion Williamson celebrates with center Derik Queen, left, in the second half of an NBA basketball game against the Utah Jazz, Wednesday, Nov. 4, 2026, in New Orleans. (AP Photo/Gerald Herbert)
New Orleans Pelicans forward Saddiq Bey (41) goes to the basket against Utah Jazz guard Darryn Peterson (22) during overtime of an NBA basketball game, Wednesday, Nov. 4, 2026, in New Orleans. (AP Photo/Gerald Herbert)
Utah Jazz guard Svi Mykhailiuk (10) goes to the basket against New Orleans Pelicans forward Zion Williamson (1) in the first half of an NBA basketball game, Wednesday, Nov. 4, 2026, in New Orleans. (AP Photo/Gerald Herbert)
Utah Jazz forward Lauri Markkanen (23) goes to the basket against New Orleans Pelicans forward Karlo Matkovic (17) in the first half of an NBA basketball game, Wednesday, Nov. 4, 2026, in New Orleans. (AP Photo/Gerald Herbert)
Utah Jazz guard Ace Bailey (19) passes between New Orleans Pelicans forward Zion Williamson, forward Karlo Matkovic (17) and Dejounte Murray in the first half of an NBA basketball game, Wednesday, Nov. 4, 2026, in New Orleans. (AP Photo/Gerald Herbert)
Utah Jazz guard Keyonte George (3) shoots against New Orleans Pelicans center Derik Queen (22) in the first half of an NBA basketball game, Wednesday, Nov. 4, 2026, in New Orleans. (AP Photo/Gerald Herbert)
Utah Jazz forward Brice Sensabaugh goes to the basket between New Orleans Pelicans forward Trendon Watford (9) and forward Saddiq Bey (41) in the first half of an NBA basketball game, Wednesday, Nov. 4, 2026, in New Orleans. (AP Photo/Gerald Herbert)
