Fluor Awarded Contract for Marathon Petroleum’s STAR Program at Galveston Bay Refinery

Project will improve efficiencies at the second largest U.S. refinery

IRVING, Texas–(BUSINESS WIRE)–#Texas—Fluor
Corporation (NYSE: FLR) announced today that it was selected by a
division of Marathon Petroleum Corporation (MPC) to execute the
engineering and procurement scope for MPC’s South Texas Asset
Repositioning (STAR) program at its Galveston Bay refinery in Texas
City, Texas. Fluor booked the undisclosed contract value into backlog in
the first quarter of 2018.

“This project will continue the development of MPC’s Galveston Bay
refinery into a world-class refining complex,” said Mark
Fields, president of Fluor’s Energy & Chemicals business in the
Americas. “Fluor and MPC have a proven track record of delivering
similar programs, most recently in Detroit and Garyville, Louisiana.
Fluor values its strong working relationship with MPC and is excited to
be part of the STAR program.”

The STAR program further integrates MPC’s former Texas City refinery
into the adjacent Galveston Bay refinery, which is now the second
largest refinery in the U.S. It will improve the refinery’s efficiency
and reliability by increasing the residual oil processing capabilities,
upgrading the crude unit and integrating facility logistics.

Fluor has been engaged in the STAR program since 2013, performing the
feasibility studies and early engineering work. The program is scheduled
to be completed in 2022.

Fluor is also currently providing engineering, procurement and
construction management services on the reconfiguration
that will enable the Galveston Bay refinery to achieve updated U.S.
Environmental Protection agency Tier 3 gasoline sulfur standards.

About Fluor Corporation

Fluor
Corporation (NYSE: 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 $19.5 billion in 2017 and has more than 56,000
employees worldwide. For more information, please visit www.fluor.com
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Contacts

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