Fluor Completes Module Fabrication for Oil Sands Project

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IRVING, Texas & CALGARY, Alberta--(BUSINESS WIRE)--

Fluor Corporation FLR announced today that all 358 modules have been fabricated and shipped to the site for its portion of the Fort Hills Energy L.P. oil sands mining project in the Athabasca region of Alberta, Canada. Fluor is performing engineering, procurement, fabrication and construction for the utilities scope of the project.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161018006554/en/

One of the 358 modules fabricated and shipped by Fluor to the Fort Hills Energy L.P. oil sands mining project in the Athabasca region of Alberta, Canada. (Photo: Business Wire)

The project applied Fluor's innovative 3rd Gen Modular ExecutionSM approach, which optimizes process block layouts and provides the capability to fully modularize large-scale industrial facilities. Benefits include improved safety, lower costs, increased productivity and schedule predictability through the transfer of a significant amount of traditional site work to fabrication yards.

Fluor's Supreme Modular Fabrication Inc. (SMFI) joint venture fabrication yard in Canada and three other Canadian yards built the modules. Once at site, the modules are set by Fluor's craft workforce. The site has achieved more than 2.8 million hours without a lost-time incident.

"Achieving this milestone is a testament to the collaboration and commitment of our craft professionals at the SMFI fabrication yard, other module yards and at the project site," said Jim Brittain, president of Fluor's Energy & Chemicals business. "Leveraging our full range of integrated solutions, including our craft workforce, fabrication yards, global sourcing capabilities and 3rd Gen Modular Execution approach, we have reduced the project's capital cost from initial estimates while maintaining schedule."

The Fort Hills Project, an open-pit truck and shovel mine, is owned by Fort Hills Energy LP, a partnership between Suncor Energy, Total E&P Canada Ltd. and Teck Resources Limited.

About Fluor Corporation

Fluor Corporation 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 our clients by delivering innovative and integrated solutions across the globe. With headquarters in Irving, Texas, Fluor ranks 155 on the FORTUNE 500 list with revenue of $18.1 billion in 2015 and has more than 60,000 employees worldwide. For more information, please visit www.fluor.com or follow us on Twitter @FluorCorp.

Fluor Corporation
Media Relations
Brian Mershon, 469-398-7621
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Brett Turner, 864-281-6976
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Investor Relations
Geoff Telfer, 469-398-7070
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Jason Landkamer, 469-398-7222

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