Fluor Wins Offshore FEED Contract for Nasr Field in Abu Dhabi

Tuesday, October 18, 2011 7:03 pm EDT

Dateline:

IRVING, Texas & ABU DHABI, United Arab Emirates

Public Company Information:

NYSE:
FLR
US3434121022
"We are encouraged that ADMA-OPCO has once again put its trust in Fluor for this new major project"

IRVING, Texas & ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that its Fluor Offshore Solutions unit was awarded a front-end engineering and design (FEED) contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for new offshore facilities located at the Nasr Field approximately 30 kilometers northeast of Umm Shaif Super Complex in Abu Dhabi, United Arab Emirates (UAE). Fluor booked the undisclosed contract value in the third quarter of 2011.

“We are encouraged that ADMA-OPCO has once again put its trust in Fluor for this new major project,” said Peter Oosterveer, president of Fluor’s Energy & Chemicals Group. “This demonstrates the excellent relationship our team has worked so hard to develop with Abu Dhabi National Oil Company (ADNOC) and its operating companies.”

“This is our third major Arabian Gulf offshore project within the last 18 months and underscores Fluor’s strength in the offshore oil and gas sector in the Middle East and the UAE in particular,” said Lee Richardson, vice president of Fluor Offshore Solutions. “Fluor is focused on continuing our long history with ADMA-OPCO, and we are pleased to have been selected for this major offshore development project.”

The Nasr Full Field Development Project includes seven wellhead towers, super complex facilities including gas processing and oil separation production facilities, utilities platform, living quarters, infield subsea pipelines and an export pipeline to Das Island.

The FEED portion of the project is currently under way in Fluor’s Houston and Abu Dhabi offices.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) designs, builds and maintains many of the world's most challenging and complex projects. Through its global network of offices on six continents, the company provides comprehensive capabilities and world-class expertise in the fields of engineering, procurement, construction, commissioning, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 200 company and had revenue of $20.8 billion in 2010. For more information, visit www.fluor.com.

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

   

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