Fluor Signs Agreement with Inelectra for Venezuela Energy Projects

04:22 AM EST, 11/05/2026 (MT Newswires) -- Fluor (FLR) said Wednesday it has signed a memorandum of understanding with Inelectra, a Venezuelan engineering and construction firm, to work together on energy and industrial projects. The agreement pairs Fluor's global engineering and construction skills with Inelectra's local market experience, the company said. Fluor has completed more than 40 projects in Venezuela since 1982, including a crude upgrader at the Jose Industrial Complex with a capacity of 190,000 barrels of extra-heavy oil a day, Fluor said.