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Fluor and JGC Awarded EPC Contract for Kitimat LNG Project

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that its joint venture with JGC was awarded an engineering, procurement and construction (EPC) contract by Chevron Canada Limited (Chevron) for the proposed Kitimat Liquefied Natural Gas (LNG) project in Bish Cove, British Columbia, Canada. Chevron and Apache Canada Limited (Apache) each hold a 50 percent interest in the proposed project.

“Kitimat has the potential to become Canada’s first major LNG production and export terminal. Our strategic relationship with JGC was a key to winning this project and is certainly proving to be a differentiator in our markets.”

“We are excited to enter into the next phase of supporting the Kitimat LNG project for Chevron and their partner Apache,” said Peter Oosterveer, president of Fluor’s Energy & Chemicals Group. “Kitimat has the potential to become Canada’s first major LNG production and export terminal. Our strategic relationship with JGC was a key to winning this project and is certainly proving to be a differentiator in our markets.”

The project scope includes completion of the existing FEED package by finalizing value-improving concepts for the proposed LNG facility. The scope of work also includes detailed engineering and procurement services for the initial phases of the project.

The project will be performed by Fluor and its joint venture partner, JGC, leveraging the global capabilities and expertise from both companies with project work to be executed from their North America and Asia Pacific offices.

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 41,000 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 and follow us on Twitter at @FluorCorp.

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ISIN: US3434121022