Fluor Secures Kearl Oil Sands Contract in Canada

New EPC Contract for First Phase of Imperial Oil`s Kearl Project
IRVING, Texas--(Business Wire)--
Fluor Corporation (NYSE:FLR) announced today that it was awarded an engineering,
procurement and construction (EPC) contract for infrastructure and offlease
facilities for the first phase of Imperial Oil`s Kearl oil sands project, a
surface mining and bitumen extraction operation located 70 kilometers northeast
of Fort McMurray, Alberta.For this project, Fluor will book approximately $1.5
billion in 2009, with the majority of the award recognized in the second quarter
of 2009.

"This significant project award expands our presence in the upstream side of the
Canadian oil sands business, a key growth market for our company," said David
Seaton, Fluor`s senior group president for Energy & Chemicals, Power and
Government. "Imperial Oil is a long-time client and we are thrilled to continue
our relationship by helping them achieve their Canadian heavy oil growth
strategy."

The Kearl project is envisioned to be developed in three phases and could
ultimately produce more than 300,000 barrels per day of bitumen. The first phase
of the project is expected to begin production in late 2012.

About Imperial Oil

Imperial Oil is one of Canada`s largest corporations and a leading member of the
country`s petroleum industry. It is one of the country`s largest producers of
crude oil and natural gas, is the nation`s largest petroleum refiner, and has a
leading market share in petroleum products sold through a coast-to-coast supply
network that includes about 1,900 service stations.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) designs, builds and maintains many of the world's
most challenging and complex projects. Through its global network of offices on
six continents, the company provides comprehensive capabilities and world-class
expertise in the fields of engineering, procurement, construction,
commissioning, operations, maintenance and project management. Headquartered in
Irving, Texas, Fluor is a FORTUNE 200 company and had revenues of $22.3 billion
in 2008. For more information, visit www.fluor.com.

Fluor Corporation
Media Relations
Keith Stephens, 469-398-7624
or
Brian Mershon, 469-398-7621
or
Investor Relations
Ken Lockwood, 469-398-7220
or
Jason Landkamer, 469-398-7222

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