Fluor Selected by BASF as Global Engineering Partner

Future Projects to Leverage Fluor’s Global Expertise and Footprint

Fluor Corporation (NYSE: FLR) announced today that German-based BASF SE has selected the company as its global engineering partner for future chemical and petrochemical plant projects around the world.

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Fluor COO Peter Oosterveer signs global agreement with BASF executives. (Photo: Business Wire)

The services agreement—which was signed at BASF’s chemicals complex and headquarters in Ludwigshafen, Germany, by Peter Oosterveer, Fluor’s chief operating officer, Martin Buschbacher, BASF senior vice president of Global Indirect Procurement, Wolfgang Haas, BASF president of Legal, Taxes and Insurance, and Volker Knabe, BASF president of Engineering and Maintenance—includes conceptual and front-end engineering, detailed engineering, procurement, project management, construction management and other services.

“We are delighted to sign this global agreement with BASF as it marks a successful working partnership established over the past four years through projects undertaken under three regional agreements – Asia, Europe and North America,” said Fluor’s Oosterveer. “We will now be able to leverage Fluor’s global capabilities to provide integrated solutions and deliver chemical and petrochemical plant projects for BASF anywhere in the world.”

Fluor will use its global network of offices to execute future BASF plant projects around the world. Prior project experience with BASF in China, Germany, India, Poland, the United States, Spain, Brazil and Malaysia will be fully utilized to enhance project delivery on an ongoing basis.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is a global engineering and construction firm that designs and builds some of the world's most complex projects. The company creates and delivers innovative and integrated solutions for its clients in engineering, procurement, fabrication, construction, maintenance and project management on a global basis. For more than a century, Fluor has served clients in the energy, chemicals, government, industrial, infrastructure, mining and power market sectors. Headquartered in Irving, Texas, Fluor ranks 136 on the FORTUNE 500 list. With 40,000 employees worldwide, the company's revenue for 2014 was $21.5 billion. For more information, visit www.fluor.com or follow us on Twitter @FluorCorp.

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Fluor CorporationMedia RelationsBrian Mershon, 469-398-7621orBrett Turner, 864-281-6976orInvestor RelationsGeoff Telfer, 469-398-7070orJason Landkamer, 469-398-7222