Fluor Selected for BHP's South Flank Mining Project in Australia

Fluor Corporation FLR announced today that it was awarded a project and construction management services contract by BHP for the South Flank iron ore project located in the Pilbara region of Western Australia. Fluor will book the undisclosed contract value in the third quarter of 2017.

The work is being performed from BHP's office in Perth, Australia, with Fluor and BHP managing the project together as an integrated project team.

"We are extremely enthusiastic about the opportunity to support BHP on this very important project and we look forward to continuing our long and successful relationship with BHP," said Tony Morgan, president of Fluor's Mining and Metals business. "We are delighted that BHP has recognized that Fluor's execution capabilities and experience will help them develop this project successfully."

Fluor's project execution teams are leaders in the industry and the South Flank project will draw on Fluor's capabilities and resources worldwide. For the upcoming scope of work, Fluor will work with BHP to optimize the feasibility study design with a focus on execution readiness and capital efficiency. A decision to move forward with the execution phase of the project is expected in mid-2018.

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 its clients by delivering innovative and integrated solutions across the globe. With headquarters in Irving, Texas, Fluor ranks 149 on the Fortune 500 list with revenue of $19 billion in 2016 and has more than 60,000 employees worldwide. For more information, please visit www.fluor.com or follow Fluor on social media at Facebook, Twitter, LinkedIn and YouTube.

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