Fluor Awarded Basic Engineering Services Contract for Natref’s Clean Fuels 2 Project in South Africa

  Fluor Awarded Basic Engineering Services Contract for Natref’s Clean Fuels 2
  Project in South Africa

Business Wire

IRVING, Texas & JOHANNESBURG -- June 25, 2013

Fluor Corporation (NYSE: FLR) announced today that it was awarded a contract
by Sasol Technology (Pty.) Ltd. to perform basic engineering services
associated with the Natref Clean Fuels 2 Project in Sasolburg, South Africa.
Natref, the only inland crude refinery in South Africa, is a joint venture
between Sasol and Total. The undisclosed contract value will be booked in
Fluor’s second quarter of 2013.

“Fluor has established a long and successful track record at Natref, including
the execution of the initial clean fuels project in 2006,” said Peter
Oosterveer, president of Fluor’s Energy & Chemicals Group. “This new contract
further demonstrates Fluor’s strong position in the global clean fuels project
development arena and our ability to deliver world-class work across Africa.”

This award follows the successful completion of a feasibility study and
conceptual engineering by Fluor. The purpose of the project is to develop,
design and build new process units on the Natref site in Sasolburg to meet the
legislated fuel specifications as promulgated by the South Africa government.
In addition, some extensive modifications of existing units will be evaluated
and considered. One of the key components of the basic engineering phase is to
perform detailed up-front planning and to develop a viable and cost-effective
project execution strategy to safely drive the efficient delivery of the
project within the approved budget, schedule and specification.

The basic engineering phase of the project will initially be led from Fluor’s
Woodmead office in South Africa with additional expertise from other Fluor
global locations.

Fluor has maintained an ongoing presence in South Africa for more than 50
years and recently dedicated its South Africa headquarters office in Woodmead.
Today, there are also ongoing operations in Durban, Cape Town, Sasolburg and
Secunda with some 700 employees working on Fluor projects in South Africa.

About Fluor Corporation

For more than 100 years, Fluor Corporation (NYSE: FLR) has partnered with its
clients to design, build and maintain many of the world's most challenging and
complex capital projects. Through its global network of offices on six
continents, more than 40,000 employees provide comprehensive capabilities and
world-class expertise in the fields of engineering, procurement, construction,
commissioning, fabrication, operations, maintenance and project management.
Today, the company serves a global client base in the energy, chemicals,
government, industrial, infrastructure, operations & maintenance,
manufacturing & life sciences, mining, power and transportation sectors.
Headquartered in Irving, Texas, Fluor ranks 110 on the FORTUNE 500 list and
had revenue of $27.6 billion in 2012. For more information, visit
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
 
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