Fluor Awarded Contract for Marathon Petroleum’s STAR Program at Galveston Bay Refinery

Project will improve efficiencies at the second largest U.S. refinery

Wednesday, April 18, 2018 4:31 pm EDT

Dateline:

IRVING, Texas

Public Company Information:

NYSE:
FLR
US3434121022

.@FluorCorp awarded contract for Marathon Petroleum’s STAR program at Galveston Bay, #Texas refinery

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that it was selected by a division of Marathon Petroleum Corporation (MPC) to execute the engineering and procurement scope for MPC’s South Texas Asset Repositioning (STAR) program at its Galveston Bay refinery in Texas City, Texas. Fluor booked the undisclosed contract value into backlog in the first quarter of 2018.

“This project will continue the development of MPC’s Galveston Bay refinery into a world-class refining complex,” said Mark Fields, president of Fluor’s Energy & Chemicals business in the Americas. “Fluor and MPC have a proven track record of delivering similar programs, most recently in Detroit and Garyville, Louisiana. Fluor values its strong working relationship with MPC and is excited to be part of the STAR program.”

The STAR program further integrates MPC’s former Texas City refinery into the adjacent Galveston Bay refinery, which is now the second largest refinery in the U.S. It will improve the refinery’s efficiency and reliability by increasing the residual oil processing capabilities, upgrading the crude unit and integrating facility logistics.

Fluor has been engaged in the STAR program since 2013, performing the feasibility studies and early engineering work. The program is scheduled to be completed in 2022.

Fluor is also currently providing engineering, procurement and construction management services on the reconfiguration that will enable the Galveston Bay refinery to achieve updated U.S. Environmental Protection agency Tier 3 gasoline sulfur standards.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company that designs, builds and maintains capital-efficient facilities for its clients on six continents. For more than a century, Fluor has served its clients by delivering innovative and integrated solutions across the globe. With headquarters in Irving, Texas, Fluor ranks 149 on the Fortune 500 list with revenue of $19.5 billion in 2017 and has more than 56,000 employees worldwide. For more information, please visit www.fluor.com or follow Fluor on social media at Facebook, Twitter, LinkedIn and YouTube.

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Marathon Petroleum’s Galveston Bay Refinery (Photo: Business Wire)
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Jason Landkamer, 469-398-7222

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