Fluor Joint Venture Awarded Contract in Western Australia

Monday, May 9, 2011 6:30 pm EDT

Dateline:

IRVING, Texas & PERTH, Australia

Public Company Information:

NYSE:
FLR
US3434121022
"Fluor and the FAST JV have been part of this project from the very beginning and we are honored to be chosen to support the next stage of this strategic initiative"

IRVING, Texas & PERTH, Australia--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that the Fluor SKM Joint Venture (FAST JV) received new awards from BHP Billiton (LSE: BLT) to execute the company’s Iron Ore Expansion Program in Western Australia. The focus of new awards will be primarily the expansion of the Jimblebar Mine. Fluor booked approximately $3 billion for the Jimblebar Project and additional work in the company’s first quarter of 2011.

"Fluor and the FAST JV have been part of this project from the very beginning and we are honored to be chosen to support the next stage of this strategic initiative," said Dwayne Wilson, group executive of Fluor’s Industrial business line. "Fluor's long-term presence in Australia combined with our substantial global mining experience positioned us well to support this project."

The FAST JV is a joint venture between Fluor Australia Pty Ltd. and Sinclair Knight Merz (SKM). Fluor is the majority partner in the FAST JV. Fluor and SKM have provided engineering, procurement, construction management, and commissioning services to BHP Billiton Iron Ore since 2001. Work is already underway on the Jimblebar Project. The FAST JV office in Perth, Australia, will continue to lead this project.

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
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Brian Mershon, 469-398-7621
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Ken Lockwood, 469-398-7220
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Jason Landkamer, 469-398-7222

   

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