Killajoules

Fluor Named Project Management Consultant for New Refinery in Turkey
Fluor Corporation (NYSE: FLR) announced today that SOCAR & TURCAS Rafineri A.S. (STRAS), the joint venture of the State Oil Company of the Azerbaijan Republic (SOCAR) and TURCAS Petrol A.S. (ISE:TRCAS), awarded the firm a project management consultant (PMC) contract for a new refinery to be built in Aliaga, Turkey. The new planned refinery will be integrated at the Petkim petrochemicals site on the Aegean coast. As PMC for the SOCAR & TURCAS Aegean Refinery (STAR) project, Fluor will assist STRAS in selecting and managing the engineering, procurement and construction (EPC) contractor(s) and provide overall project and construction management. Fluor has begun the work and will book the undisclosed contract value in the fourth quarter of 2010.

SOCAR selects technology and banks for construction of a refinery in Turkey
The State Oil Company of Azerbaijan (SOCAR) carries on preparing for the start of construction of a refinery in Turkey for the needs of Petkim Holding.

BP and SOCAR Sign Shafag-Asiman PSA
BP and SOCAR (the State Oil Company of the Republic of Azerbaijan) announced today they had signed a new production sharing agreement (PSA) on joint exploration and development of the Shafag-Asiman structure in the Azerbaijan sector of the Caspian Sea.