Market Overview

Fluor Joint Venture Creates One of the World's Largest Plant Designs for Tengiz Oil & Gas Megaproject in Kazakhstan


(NYSE:FLR) announced today that its joint
venture team, KPJV, has developed one of the world's largest, single 3D
intelligent plant design models for Tengizchevroil LLP's Future
Growth Project – Wellhead Pressure Management Project
The KPJV team, consisting of Fluor, the Kazakh Institute of Oil and Gas
(KING), KazGiproNefteTrans Engineering Company (KGNT EC) and
WorleyParsons, is providing detailed engineering, procurement and
construction management services for the FGP-WPMP, the next expansion of
the Tengiz oil field in western Kazakhstan.

This press release features multimedia. View the full release here:

Fluor's Atyrau, Kazakhstan office

Fluor's Atyrau, Kazakhstan office

"One of the largest oil and gas projects in the world, the engineering
effort is providing the design and tools to enable the delivery of the
project in a safe and efficient manner," said Al
, president of Fluor's Energy & Chemicals business in Europe,
Africa and Middle East. "We have worked with Tengizchevroil and our
joint venture partners in Kazakhstan for more than 20 years."

Led by Fluor's Farnborough office, engineering is being executed by
Fluor and its joint venture partners in an integrated team with
Tengizchevroil. Engineering teams are also located in Atyrau and Almaty,
Kazakhstan; New Delhi, India, and Houston, Texas, U.S.A., with
fabrication yards in Kazakhstan, South Korea and Italy.

"The scale for this industry-leading project calls for engineering to be
executed simultaneously at multiple locations around the world," said
Gerald Stone, Fluor senior vice president and project director.
"Spanning multiple time zones, work is taking place around the clock.
The project's 3D model provides the latest integrated design and data
management system using millions of pieces of verified data to deliver
construction-driven execution."

The single 3D plant model allows project engineers around the world to
see real-time developments in the design. Fluor's investment in
engineering technology and a digital infrastructure capable of handling
giga amounts of data enables the multi-location, multi-party execution
platform to achieve increased levels of automation. The data-centric
model provides 3D visualization of the plant with intelligent coupling
of 2D and 3D information. It enables sequencing tools to optimize
construction and produce advanced engineering, construction and
installation work packages.

About Fluor Corporation

Founded in 1912, Fluor
(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
or follow Fluor on Facebook,
and YouTube.

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