Fluor Signs Memorandum of Understanding with Saudi Arabian Mining Company Ma’aden

  Fluor Signs Memorandum of Understanding with Saudi Arabian Mining Company

Business Wire

IRVING, Texas & AL KHOBAR, Saudi Arabia -- June 28, 2017

Fluor Corporation (NYSE: FLR) announced today that it has signed a memorandum
of understanding (MOU) with Saudi Arabian Mining Company (Ma’aden) to support
future Ma’aden projects located within and outside the Kingdom of Saudi

Under the MOU, Fluor would be considered for conceptual; pre-front-end
engineering and design (FEED); FEED; engineering, procurement and construction
management; and program management contracting services for future projects.

“This understanding would allow both parties to increase their involvement in
Saudi Arabia and expand their services outside the Kingdom,” said David
Seaton, Fluor’s chairman and chief executive officer, who signed the MOU at
the inaugural Saudi-U.S. CEO Forum in Riyadh recently. “Fluor’s legacy in
Saudi Arabia dates back to 1947 and we have a strong partnership with Ma’aden,
having delivered several of their mega-projects. We look forward to helping
them advance their future projects as they continue to expand and diversify
their business.”

Fluor has worked with Ma’aden for almost 10 years. During that time, Fluor has
executed work in excess of $15 billion for projects including the Ma’aden
Aluminum Complex and the ongoing Umm Wu’al Phosphate Project.

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 billion in 2016
and has more than 60,000 employees worldwide. For more information, please
visit www.fluor.com or follow Fluor on social media at Twitter, LinkedIn and

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.@FluorCorp signs Memorandum of Understanding with Saudi Arabian Mining
Company Ma’aden.


Fluor Corporation
Media Relations
Brian Mershon, 469-398-7621
Brett Turner, 864-281-6976
Investor Relations
Geoff Telfer, 469-398-7070
Jason Landkamer, 469-398-7222
EAME Media Relations
Janet Kearns, +44 1252 292039/+44 7802 373466
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