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Fluor Achieves Substantial Engineering Completion on Marathon Petroleum Project in Texas

Fluor
Corporation (NYSE: FLR) announced today that it has achieved
substantial engineering completion for Marathon Petroleum Corporation’s
Tier 3 gasoline sulfur standard reconfiguration project at the Galveston
Bay refinery in Texas City, Texas.

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Marathon Petroleum Corporation’s Tier 3 gasoline sulfur standard reconfiguration project at the Galveston Bay refinery in Texas City, Texas. (Photo: Business Wire)

“This accomplishment represents the successful completion of thousands
of deliverables from the joint Marathon Petroleum and Fluor project
team,” said Mark
Fields, president of Fluor’s Energy & Chemicals business in the
Americas. “This milestone was achieved on schedule and under budget
because of the strong relationship between the Marathon Petroleum and
Fluor project teams, and it has enabled work to transition seamlessly to
the construction site.”

Fluor and Marathon Petroleum have worked together on this project
since the feasibility stage in 2014. Fluor is providing engineering,
procurement and construction management services, which will enable the
refinery to achieve updated U.S. Environmental Protection Agency Tier 3
gasoline sulfur standards by 2020 and provide cleaner fuel to U.S.
markets.

The scope of work includes a new selective hydrogenation unit, a new
naphtha desulfurization unit and upgrades to the existing naphtha
desulfurization unit and the fluid catalytic cracker. The project also
includes the modernization of the utilities and offsites to continue the
integration of the former Texas City refinery into the adjacent
Galveston Bay refinery.

Engineering was performed out of Fluor’s offices in Houston, and Manila
and Cebu, Philippines. Construction activity is underway at the project
site, with aboveground piping and structural steel currently being
installed. Construction is scheduled to be completed in 2019.

Fluor is also currently providing engineering and procurement services
for Marathon Petroleum’s South
Texas Asset Repositioning (STAR) program at the Galveston Bay
refinery.

About Fluor Corporation

Founded in 1912, Fluor
Corporation (NYSE: FLR) is a global engineering, procurement,
fabrication, construction and maintenance company that transforms the
world by building prosperity and empowering progress. Fluor serves its
clients by designing, building and maintaining safe, well executed,
capital-efficient projects around the world. With headquarters in
Irving, Texas, Fluor ranks 153 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
or follow Fluor on Facebook,
Twitter,
LinkedIn
and YouTube.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180619006326/en/