Fluor Awarded Construction Contract for Wood River Coker Refinery Expansion

Wednesday, December 3, 2008 7:09 am EST

Dateline:

IRVING, Texas

Public Company Information:

NYSE:
FLR
US3434121022

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE:FLR) announced today that it was awarded a contract for the construction and construction management of process, utility and offsites in connection with a coker refinery expansion project by WRB Refining LLC, a joint venture between ConocoPhillips and EnCana. Fluor will book the undisclosed contract amount in the company’s fourth quarter 2008.

“We are poised to assist WRB Refining in building a refinery that will produce clean motor and transportation fuels,” said David Seaton, president of Fluor’s Energy & Chemicals Group.

Fluor completed the front-end engineering and design in 2007 for all process and utilities and offsites for the entire refinery coker expansion project prior to this transition into detailed execution. The project is located in Roxana, Illinois, approximately 25 miles northeast of St. Louis, Mo. Earlier this year, Fluor was awarded detailed engineering and procurement for selected portions of the project that was booked through the second quarter of 2008.

Fluor’s total scope of work for this project includes detailed engineering, procurement and construction services for the refinery’s utilities and offsites as well as for retrofitting portions of the existing refinery to accommodate the new Canadian feedstock. Fluor will also provide owner management team support to WRB Refining throughout the project’s duration.

Fluor began front-end loading engineering services in May 2006 with completion in late 2007. It is expected that about 500 professionals will work from Fluor’s Calgary, Houston and New Delhi, India, office locations.

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 $16.7 billion in 2007. For more information, visit www.fluor.com.

(FLRG)

Contact:

Fluor Corporation
Media Relations
Keith Stephens, 469-398-7624
or
Brian Mershon, 469-398-7621
or
Investor Relations
Ken Lockwood, 469-398-7220
or
Jason Landkamer, 469-398-7222
469-398-7277 fax

   

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