Fluor Celebrates 20 Years of Irving Oil Alliance

08/23/17

Alliance is a successful model of Fluor’s sustaining capital work

IRVING, Texas & CALGARY, Alberta--(BUSINESS WIRE)--Aug. 23, 2017-- Fluor Corporation (NYSE: FLR) recently celebrated 20 years of providing engineering, procurement and construction support services for Irving Oil Ltd. (Irving Oil). Since 1997, Fluor has supported projects ranging from sustaining capital to major growth projects at Irving Oil’s refinery and marine terminal in Saint John, New Brunswick, Canada.

Fluor's personnel are integrated with the Irving Oil team working on site at Canada’s largest refinery. Around 100 projects are carried out each year by the joint site team with an execution capability of up to $300 million annually. The team has saved more than $100 million through value creation efforts over the past 13 years and has worked more than seven years without a single recordable incident.

“We are proud to work alongside Fluor team members each and every day on our site as we continue to create jobs and deliver projects together safely,” said Mark Sherman, vice president and chief operating officer of Irving Oil.

“With similar values and a strong cultural alignment, we are honored to celebrate this milestone in the Irving Oil and Fluor relationship,” said Mark Fields, president of Fluor’s Energy & Chemicals business in the Americas. “The success of this alliance is a testament to the results that are achieved when personnel are truly blended as one team with a common goal of high-quality project delivery. With our flexibility and strong project execution expertise, we will continue to partner with Irving Oil to deliver safe, on-schedule and capital-efficient projects.”

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 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.

About Irving Oil

Irving Oil was founded in 1924 and is an international refining and marketing company with a history of long-term partnerships and relationships. Named one of Canada’s Top 100 Employers in 2016, Irving Oil operates Canada’s largest refinery, in Saint John, New Brunswick, which is located 65 miles north of the US border and has reached production rates in excess of 320,000 barrels per day. It also operates Ireland’s only refinery, located at Whitegate in southern Ireland, with a capacity of 75,000 barrels per day. With over 900 fueling locations, operations from ten distribution terminals, and a delivery fleet of tractor-trailers, Irving Oil serves wholesale, commercial, and retail customers in Atlantic Canada, Quebec, and New England. Learn more at facebook.com/irvingoil or www.irvingoil.com.

Source: Fluor Corporation

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