Fluor Signs Enterprise Framework Agreement with Shell for Downstream Projects in Europe, Africa and Middle East

  Fluor Signs Enterprise Framework Agreement with Shell for Downstream
  Projects in Europe, Africa and Middle East

Business Wire

IRVING, Texas -- November 02, 2012

Fluor Corporation (NYSE: FLR) announced today that Shell has awarded the
company a 5-year enterprise framework agreement for engineering and project
management services for Shell’s downstream, and potentially, upstream onshore
projects in Europe, Africa and the Middle East (EAME). Under terms of this
agreement, Fluor will provide design, project and construction management,
home-office and site-based engineering services.

“This new enterprise framework agreement with Shell for the EAME region
demonstrates Fluor’s alignment with Shell’s global strategy,” said Peter
Oosterveer, president of Fluor’s Energy & Chemicals Group.

The agreement includes an option to be extended for another five years and
opportunities to include Shell’s upstream projects and other geographic
regions.

Fluor is currently working on Shell projects in Malaysia, the Philippines and
Canada. Fluor also provides operations and maintenance services at Shell sites
in Australia, Qatar, Russia and the Netherlands.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) designs, builds and maintains many of the
world's most challenging and complex projects. Founded in 1912, the company
was started by John Simon Fluor Sr. with a modest investment of $100. Since
those humble beginnings, the company has grown into one of the largest
engineering & construction companies in the world. Fluor is celebrating its
100^th anniversary during 2012.

Today, through its global network of offices on six continents, the company
provides comprehensive capabilities and world-class expertise in engineering,
procurement, construction, commissioning, operations, and maintenance and
project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 200
company and had revenue of $23.4 billion in 2011. For more information, visit
www.fluor100.com and www.fluor.com.

Contact:

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