Press Release

Fluor Awarded Valero Cogeneration Project in Wales

IRVING, Texas and FARNBOROUGH, UK (October 30, 2018) Fluor Corporation (NYSE: FLR) announced today that it was awarded the engineering, procurement and construction of Valero Energy Corporation’s combined heat and power cogeneration project at its Pembroke Refinery in Wales, UK. Fluor booked the undisclosed contract value in the third quarter of 2018.

“We are pleased to assist Valero with this notable project that will enhance energy efficiency and sustainability at the refinery, which is of significant importance for the economy of Wales and, more particularly, to Pembroke,” said Al Collins, president of Fluor’s Energy & Chemicals business in Europe, Africa and Middle East. “Fluor will utilize its in-depth cogeneration expertise together with previous experience of working at the Pembroke Refinery to deliver a capital-efficient project.”

Fluor’s scope includes design, procurement, construction and commissioning support for the new 45 Mega Volt Amps natural gas-fired combustion turbine generator system that will supply power and steam to enhance the refinery’s energy efficiency and operations. The scope also includes substations, transformers, electrical and piping tie-ins and a fuel gas pipeline system.

The project, the first to receive planning permission as a Development of National Significance process under the Planning (Wales) Act 2015, will be executed on a cost reimbursable basis by an integrated engineering team located at Fluor’s office in Farnborough and at the Pembroke Refinery.

Fluor’s UK office is in Farnborough, Hampshire from where the company serves a wide range of industries including energy, chemicals, government, life sciences, advanced manufacturing, infrastructure, mining and power.

About Fluor Corporation
Founded in 1912, Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company that transforms the world by building prosperity and empowering progress. Fluor serves its clients by designing, building and maintaining safe, well executed, capital-efficient projects around the world. With headquarters in Irving, Texas, Fluor ranks 153 on the Fortune 500 list with revenue of $19.5 billion in 2017 and has more than 56,000 employees worldwide. For more information, please visit www.fluor.com or follow Fluor on Facebook, Twitter, LinkedIn and YouTube.