Fluor Signs Long-Term Strategic Agreement with Aramco
Fluor Corporation (NYSE: FLR) has announced that it has been selected by Saudi Aramco as a Program Management Consultancy (PMC) contractor under a Long-Term Agreement (LTA), strengthening the engineering and project management company’s role in supporting one of the world’s largest energy companies. The agreement is designed to provide Aramco with access to Fluor’s global project delivery expertise, regional capabilities, experienced workforce and advanced digital solutions to support a wide range of future capital investment programs.
The newly awarded LTA establishes a framework for Fluor to provide comprehensive project management and engineering services for Aramco’s upcoming developments. Through the agreement, Fluor will be positioned to support projects across multiple segments of the energy and industrial sectors, including upstream oil and gas developments, downstream refining operations, petrochemical facilities and critical infrastructure projects.
Fluor’s selection reflects Aramco’s continued focus on partnering with experienced global contractors capable of delivering large-scale, complex projects with high standards for safety, efficiency and execution. The agreement enables streamlined access to Fluor’s technical expertise and project management capabilities, allowing Aramco to efficiently mobilize resources and enhance delivery performance across its expanding portfolio of capital projects.
“We are honored to be selected by Aramco for this strategic long-term agreement – supporting the company’s objectives to enhance energy security, operational efficiency and sustainable growth,” said Pierre Bechelany, Fluor’s Business Group President of Energy Solutions. “This award reflects Fluor’s proven record in program management excellence, capital discipline and safe execution, as well as our deep understanding of Aramco’s project delivery requirements.”
Under the terms of the LTA, Fluor may provide a broad range of services throughout the project lifecycle. These services include pre-front-end engineering design (pre-FEED), front-end engineering design (FEED), detailed engineering support, project management, procurement oversight, construction management and overall program execution services.
By supporting projects from early planning and design stages through construction and completion, Fluor aims to help Aramco improve project coordination, manage costs effectively and accelerate delivery timelines. The company’s integrated approach combines engineering expertise, project controls, digital project delivery tools and global execution capabilities to support efficient development of complex industrial assets.
The agreement also highlights Fluor’s long-standing presence in Saudi Arabia and its decades of experience supporting major energy and infrastructure initiatives throughout the Kingdom. With more than 80 years of operational history in Saudi Arabia, Fluor has contributed to the development of some of the region’s most important industrial facilities and infrastructure programs.
Over the decades, Fluor has built a strong understanding of the Kingdom’s project requirements, regulatory environment and industrial landscape. This extensive local experience, combined with Fluor’s international capabilities, provides the foundation for continued collaboration with Aramco on future projects.
The partnership reinforces the relationship between the two companies and underscores Fluor’s continued commitment to supporting large-scale energy and industrial developments worldwide. The LTA is expected to create opportunities for Fluor to contribute to projects that advance energy production, processing capacity, infrastructure expansion and operational improvements.
As global energy markets continue to evolve, major energy companies are increasingly focused on improving efficiency, strengthening supply reliability and investing in technologies that support long-term growth. Through this agreement, Fluor will support Aramco’s efforts to execute strategic investments while maintaining high standards for safety, quality and environmental performance.
Fluor’s expertise in managing complex capital projects positions the company as a key partner for organizations seeking reliable engineering, procurement and construction management solutions. The company has extensive experience delivering projects across energy, chemicals, mining, infrastructure and industrial markets, with capabilities spanning the entire project lifecycle.
The LTA with Aramco represents another important milestone in Fluor’s global energy business and demonstrates the company’s continued ability to secure strategic partnerships with leading international organizations. By combining its worldwide technical knowledge with its established presence in Saudi Arabia, Fluor will continue supporting the delivery of major projects that contribute to industrial development and economic growth.
Through this long-term collaboration, Fluor and Aramco will work together to advance future capital projects while promoting efficient execution, innovation and sustainable value creation across the energy and infrastructure sectors.
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