Fluor Awarded Front-End Engineering and Design and Project Management Consultancy Contract for Phosphoric Acid Production Facility in Egypt

IRVING, Texas & CAIRO–(BUSINESS WIRE)–#Egypt—Fluor
Corporation (NYSE: FLR) announced today that it was awarded
the front-end engineering design (FEED) contract by Egypt’s state energy
firm Enppi for the offsites and utilities portion of the main plant
complex and support services for the Waphco phosphoric acid production
plant at Abu Tartour, in the Egyptian province of New Valley. Fluor will
book the undisclosed contract value in the first quarter of 2018.

The contract signing ceremony was held earlier this month in Cairo and
was presided over by His Excellency Mr. Tarek El Molla, minister of
Petroleum and Natural Resources of the Arab Republic of Egypt.

“Fluor appreciates the importance and relevance to Egypt of this major
industrial project and will use its experienced resources and subject
matter expertise to deliver this complex engineering project to meet our
client’s goals,” said Tony
Morgan, president of Fluor’s Mining & Metals business. “Our
integrated project team is one of the most experienced in the mining and
fertilizers industry with the resources, expertise and knowledge to meet
the cost, safety and fast-track schedule needs of our client.”

Working with Enppi as an integrated team, Fluor will fast-track the FEED
for the plant, which will use resources from the Abu Tartour mine to
produce merchant-grade phosphoric acid. The project scope includes all
process facilities including a sulfuric acid plant, utilities with a
cogeneration system, storage and other required units. Once completed,
the facility will produce 500,000 metric tons-per-year of wet process
phosphoric acid.

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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