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Fluor Awarded Contract for Woodfibre LNG Project in Canada

Thursday, February 16, 2017 10:00 pm EST

Dateline:

IRVING, Texas

Public Company Information:

NYSE:
FLR
US3434121022
"With our industry-leading modular design and construction approach, Fluor will work closely with JGC to develop a project execution strategy that delivers capital efficiency and schedule certainty to Woodfibre LNG"

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that it has signed an agreement with JGC America, Inc. (JGC) to provide construction-related support to the front-end engineering and design (FEED) services for the Woodfibre Liquefied Natural Gas (LNG) project in the District of Squamish near Vancouver, British Columbia, Canada. Fluor booked the undisclosed contract value in the fourth quarter of 2016.

Under the subcontract, Fluor will provide construction planning and design services to support the FEED package and engineering, procurement and construction proposal development. JGC is a FEED contractor for the proposed 2.1 million-tonnes-per-year natural gas Woodfibre liquefaction plant and export facility.

“With our industry-leading modular design and construction approach, Fluor will work closely with JGC to develop a project execution strategy that delivers capital efficiency and schedule certainty to Woodfibre LNG,” said Pierre Bechelany, senior vice president of pipelines and LNG for Fluor. “Leveraging JGC’s extensive LNG experience and Fluor’s project execution and construction expertise, we look forward to helping Woodfibre LNG advance this project for the community and British Columbia.”

The proposed facility will be powered with electricity from BC Hydro, which generates more than 90 percent clean renewable energy and will help create one of the cleanest LNG facilities in the world.

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 our clients by delivering innovative and integrated solutions across the globe. With headquarters in Irving, Texas, Fluor ranks 155 on the FORTUNE 500 list with revenue of $18.1 billion in 2015 and has more than 60,000 employees worldwide. For more information, please visit www.fluor.com or follow us on Twitter @FluorCorp.

Contact:

Fluor Corporation
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Brian Mershon, 469-398-7621
or
Brett Turner, 864-281-6976
or
Investor Relations:
Geoff Telfer, 469-398-7070
or
Jason Landkamer, 469-398-7222

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