© 2009 Fluor Corporation. All Rights Reserved Workshop Energie FME Conecta, 2009 3 september 2009 Kamerik

© 2009 Fluor Corporation. All Rights Reserved

Workshop Energie FME Conecta, 2009

3 september 2009

Kamerik

© 2009 Fluor Corporation. All Rights Reserved HA20090068 - 2

Agenda

Fluor Corp

Fluor Business Groups

Fluor European Offices

Fluor Haarlem

Global Execution Centres

Current Projects

Energy Outlook


Executive Overview

One of the world’s leading publicly traded engineering, procurement, construction, maintenance, and project management companies

#148 in the FORTUNE 500

Over 1,000 projects annually, serving more than 600 clients in 85 different countries

More than 42,000 employees worldwide

Offices in more than 30 countries on 6 continents

Nearly 100 years of experience

Fluor Corporate HeadquartersDallas, Texas


Global ServicesIndustrial &Infrastructure

GovernmentEnergy &Chemicals

• Upstream• Downstream• Chemicals• ICA Fluor

• O&M • Plant Engineering

Services LLC• Project Execution

Services• TRS• Procurement• AMECO

• Environmental & Nuclear

• Federal - Dept of

Defense- Dept of Energy- Dept of

Homeland Security

- Dept of State• Services

- DEL-JEN

• Alternative Power• Commercial &

Institutional• Healthcare• Life Sciences• Manufacturing• Microelectronics• Mining & Metals• Telecom• Transportation• Water

Power

• Gas Fueled• Solid Fueled• Nuclear Fueled• Plant Betterment

Fluor’s Business Group Structure


2008 Revenue by Industry Segment

Energy & Chemicals 58%

Power

9% Government

6%

Global Services12%

15%

Industrial & Infrastructure


AmericasAliso Viejo, CaliforniaAnchorage, AlaskaArlington, VirginiaAustin, TexasBaton Rouge, LouisianaBuenos Aires, ArgentinaCalgary, Alberta, CanadaCaracas, VenezuelaCharlotte, North CarolinaClarksville, TennesseeDallas, TexasGardena, CaliforniaGreenville, South CarolinaHouston, TexasLima, PeruLong Beach, CaliforniaMexico City, MexicoMt. Laurel, New JerseyNew York, New YorkPittsburgh, PennsylvaniaPort of Spain, TrinidadRichland, WashingtonSan Francisco, CaliforniaSan Juan, Puerto RicoSantiago, ChileVancouver, B.C., CanadaWashington, D.C.

Europe/Africa/Middle EastAbu Dhabi, U.A.E.Ahmadi, KuwaitAl Khobar, Saudi ArabiaAntwerp, BelgiumAsturias, SpainBergen-op-Zoom, The NetherlandsBrno, Czech RepublicCamberley, EnglandDublin, IrelandGliwice, PolandHaarlem, The NetherlandsJohannesburg, South AfricaLondon, EnglandMadrid, SpainMoscow, RussiaRotterdam, The NetherlandsTarragona, Spain

Asia/AustraliaBaku, AzerbaijanBeijing, ChinaBrisbane, AustraliaJakarta, IndonesiaManila, PhilippinesMelbourne, AustraliaNew Delhi, IndiaPerth, AustraliaSeoul, South KoreaShanghai, ChinaSingaporeTokyo, Japan

Years of Experience in Region

NorthAmerica

SouthAmerica Europe Africa Middle

East Asia Australia

97 64 61 44 62 58 54

Worldwide Office Locations


Fluor E&C EuropeOffice and Site Locations

Asturias

Madrid

Camberley

Haarlem Gliwice


Fluor – Haarlem Office

Year of establishment: 1959

Staff: 699

Av. age: 41

Av. years of experience: 13

Industries: Oil & Gas, Petroleum, Refining, Chemicals and Petrochemicals

Market focus: Europe, Middle East, and Russia

Major clients: Shell, OMV, Petrom, BayernOil, Elkem, DOW PIC, Tasnee, Sabic, Lukoil, ConocoPhillips

Strengths: PMC capabilities, multi-office execution, new project execution strategies, FEED capabilities, EPCm

Scope: Studies, PMC +, FEED, EPCm


Global Execution Centers

Gliwice, Poland

• 60-year history;

• Fluor since 1995

• 600 Employees

Mexico City, Mexico

• Since June 1993 • 1,900 Employees

Manila, Philippines

• Since 1984• 1100

Employees

New Delhi, India

• Since 1994• 1250

Employees

Shanghai, China

• Since 1995• 650 Employees


Current Haarlem Projects

ConfidentialFEED

SPCEPCm

PetromFEED

TasneePMC, Pre-FEED

Bayern OilEPCm

Wilhelmshavener Raffinerie

FEED, EPCm

TiconaEPCm

SabicStudy,

Pre-FEED

CGSFEED, EPCm

LukoilS

TAQAEPCm

Ibn RushdPre-FEED

PMC

SiburPMC


Current Projects Haarlem

Client: Wilhelmshavener Raffineriegesellschaft

Location: Wilhelmshaven, Germany

Project: Distillate HDS Modification. Upgrade of existing HDS units to produce low sulphur heating oil and jet fuel

Scope: S, EST, FEED, EPCM

Completion: 2010

TIC: USD 47 million


Current Projects Haarlem, cont’d

Client: Ticona Polymers Inc.

Location: Frankfurt, Germany

Project: Kelsterbach Chemical Plant Relocation in Germany

Scope: FEED, EPCM

Completion: 2009

TIC: USD 1,000 million


Sustainable Energy

Client: Greater Gabbard Offshore Winds Ltd.

Location: United Kingdom

Project: EPC for 500-megawatt (MW) Greater Gabbard Offshore Windfarm Project involving design, fabrication, and installation of 140 wind turbines to provide sustainable power source in southern England.

Scope of work: EPC

Completion: 2011


Sustainable Energy, cont’d

Client: Jiangxi LDK PV Silicon Technology Co., Ltd

Location: Xinyu City, China

Project: The grassroots complex will produce solar grade silicon for the photovoltaic industry; the Fluor-led project includes photovoltaic (PV) polycrystalline silicon (PCS) and trichlorosilane (TCS) production.

Scope: EPCM

Completion: 2009

TIC: USD 1.6 billion


Energy outlook

Conventional– Gas– Power– Energy Efficiency Improvement

Sustainable– Solar– Wind– Biofuels


Energy Outlook: Conventional

Underground Gas Storage– W. Europe: Gas Roundabout Concept– E. Europe: Protection against future Russia/Ukraine conflicts– 60+ projects in development– Sustainable market for years to come– Fluor

• TAQA => Bergermeer Gas Storage Project• Continental Gas Storage => Epe Underground Gas Storage Project

LNG– Reduce dependency on gas supply via eastern pipelines

Power– Conventional – IGGC


Energy Outlook: Conventional

Eastern-Europe/Russia– Upgrade existing facilities– Financed projects

CO2 Storage– (EU) Politics

=> partly driven by subsidies– Public opinion: Not in my Backyard

IPPC– Integrated Pollution Prevention and Control– EU directive 2008/1/EC– Prevention/Minimization of Pollution– Energy efficiency improvement


Energy Outlook: Sustainable

Wind energy

Solar grade PolySilicon– Current global capacity 70,000 Tons/year– Fluor involved in projects, in various phases of project life, with total

of 25,000 Tons/year– Markets: China, USA, Russia and Middle-East– Price of solar panels is dropping

Biofuels– 2nd generation biofuel

=> No food for fuel– (EU) Politics

=> Viability depends on subsidies– Biokerosine?


Thank you.

Questions?

Documents

© 2009 Fluor Corporation. All Rights Reserved Workshop Energie FME Conecta, 2009 3 september 2009 Kamerik