IRVING, Texas--(BUSINESS WIRE)--March 5, 2008--ICA Fluor, the industrial engineering and construction subsidiary of Fluor Corporation (NYSE: FLR) and Empresas ICA, S.A.B. de C.V. (BMV:ICA)(NYSE:ICA), announced today that it has been awarded a $100 million (USD) contract with Energia Costa Azul, S. de R.L. de C.V, a subsidiary of Sempra LNG, for the construction of a nitrogen injection plant and a power generation facility. The project will be located within the Energia Costa Azul liquefied natural gas (LNG) regasification terminal north of Ensenada, Baja California, Mexico. The full $100 million will be booked in the first quarter of 2008.

ICA Fluor will perform engineering, procurement, construction and start-up of the nitrogen injection plant with an estimated 22-month schedule. The completed plant will produce up to 18 million standard cubic feet of nitrogen per day. The facility will allow greater flexibility and a wider range of gas imports to the Energia Costa Azul receipt terminal. The availability of the nitrogen injection process ensures that all the gas transported from the terminal conforms to North American standards.

The project also includes the construction of a 26-megawatt power generation facility to complement the existing capacity at the plant. The completed project will comply with stringent international emissions and environmental standards.

"We are pleased with this opportunity to support Sempra LNG with its continuing investment in Mexico and we are looking to repeat the success we had at Sempra Generation's Termoelectrica de Mexicali natural gas fueled power plant project," said Juan Carlos Santos, Director General, ICA Fluor. "This new project award confirms ICA Fluor's leadership in the LNG and power sectors in Mexico."

ICA Fluor is the leading industrial engineering and construction company in Mexico. The company specializes in engineering, procurement, maintenance and construction of industrial plants for the gas, oil, chemical, petrochemical, automotive, power, manufacturing, mining and telecommunication sectors.

Empresas ICA was founded in 1947. ICA's main lines of business are engineering, procurement and construction, residential development and operation of infrastructure including airports, highways and municipal services. For further information, visit www.ica.com.mx.

Fluor Corporation (NYSE: FLR) provides services on a global basis in the fields of engineering, procurement, construction, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 500 company with revenues of $16.7 billion in 2007. For more information, visit www.fluor.com.

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SOURCE: Fluor