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Fluor Selected by BASF as Engineering Partner in Asia & Europe

2011-07-15 17:07
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IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that Germany-based BASF has chosen it as an engineering partner for chemicals and petrochemicals projects across Asia and Europe. BASF has awarded Fluor umbrella services agreements in these regions for undisclosed contract values. The partnering agreements will cover capital investment projects with separate service orders throughout Asia and Europe. Services provided on projects covered by the agreement will include front-end engineering and design (FEED), project management services and/or detailed engineering, procurement and construction management services.

“BASF is a long-standing client of Fluor for which we have performed projects across the globe for decades, most notably and most recently with three large-scale projects in China,” said Peter Oosterveer, president for Fluor’s Energy & Chemicals Group. “These new partnering arrangements will allow us to provide our global resource talent pool and value-added solutions for BASF’s growing capital investment needs.”

Fluor’s Haarlem office in the Netherlands will lead efforts for the European partnership agreement and will interface with BASF’s global headquarters. Multiple other Fluor operations centers will also be utilized as necessary for project execution.

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.

Contacts

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