Fluor Wins Habshan Gas Processing Work in Abu Dhabi

November 1, 2005

Fluor Corporation (NYSE: FLR) today announced that it has been awarded a contract to provide engineering, procurement and construction and commissioning services for the Habshan Gas Complex Expansion project by Abu Dhabi Gas Industries Ltd. (GASCO), one of the largest gas processing companies in the world. The value of the contract to Fluor is $999 million.

The expansion calls for the installation of two sulphur recovery units with a total capacity of 1,600 tons a day, a new acid gas enrichment unit and increasing the capacity of the pressure boosting units to feed the additional associated gas from the Bab oil field for processing in the current gas treatment trains. A major revamp and upgrade of the distributed control system is also part of the scope.

Fluor's Camberley, UK, office is executing the work for the project, which is estimated to be completed in 32 months. Fluor will be assisted on the project by Athens-based Consolidated Contractors International Company (CCC). CCC will undertake construction and other execution support services.

"We are very pleased to be awarded this important contract," said Jeff Faulk, Fluor's group president of Energy & Chemicals. "It demonstrates our continuing relationship with GASCO and the Habshan plant, which was originally designed and built by Fluor in 1984."

Fluor provides services on a global basis in the fields of engineering, procurement, construction, operations, maintenance and project management. Headquartered in Aliso Viejo, California, Fluor is a FORTUNE 500 company with revenues of $9.4 billion in 2004. For more information, visit www.fluor.com.

Leann Vandergrift/Lisa Boyette
Media Relations
949.349.7420/3652 tel

Janet Kearns
Media Relations
01932 246120/020 8222 7057 tel
07802 373466 mob

Media Relations, Leann Vandergrift, +1-949-349-7420, or LisaBoyette, +1-949-349-3652, or Janet Kearns, 01932 246120/020 8222 7057, ormobile, 07802 373466, all of Fluor Corporation//Web site: http://www.fluor.com /