Fluor Gas Project in Philippines Named Platts Global Energy Award Finalist

Wednesday, November 25, 2015 8:32 am EST

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IRVING, Texas

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NYSE:
FLR
US3434121022

Fluor Gas Project in Philippines Named Platts Global Energy Award Finalist

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that its Shell Philippines Exploration Malampaya Phase 3 (MP3) Project has been named a finalist for Engineering Project of the Year for the Platts Global Energy Awards.

“Being named a finalist for Engineering Project of the Year by Platts is a great honor and recognizes the integrated solutions approach provided by Fluor’s team on this project,” said Ken Choudhary, Fluor’s Energy & Chemicals president for Asia Pacific. “Fluor’s material management for onshore and offshore fabrication, and the delivery and installation of equipment and materials, enhanced the engineering effort for this project.”

Fluor’s MP3 Project is a bridge-linked offshore depletion compression platform (DCP) built alongside an existing shallow water platform for gas production. The DCP is self-installing with a production capacity of 550 million standard-cubic-feet-per-day of compressed gas. Fluor provided engineering and procurement for the project, which was delivered safely and ahead of schedule. The project will provide the largest source of energy for the Philippines.

The project, located offshore of Palawan, Philippines, is among seven finalists in the engineering category. Platts selected finalists from a list of nearly 200 nominations based on their performance for each category's criteria within the designated time frame.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is a global engineering and construction firm that designs and builds some of the world's most complex projects. The company creates and delivers innovative and integrated solutions for its clients in engineering, procurement, fabrication, construction, maintenance and project management on a global basis. For more than a century, Fluor has served clients in the energy, chemicals, government, industrial, infrastructure, mining and power market sectors. Headquartered in Irving, Texas, Fluor ranks 136 on the FORTUNE 500 list. With 40,000 employees worldwide, the company's revenue for 2014 was $21.5 billion. For more information, visit www.fluor.com or follow us on Twitter @FluorCorp.

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Fluor's Shell Philippines Exploration Malampaya Phase 3 (MP3) Project (Photo: Business Wire)
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