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Events / Business / Fluor selected by Aramco as PMC contractor
Business contract award

Fluor selected by Aramco as PMC contractor

Analysis based on 11 articles · First reported Mar 09, 2018 · Last updated Jul 07, 2026

Sentiment
15
Attention
2
Articles
11
Market Impact
General
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Market Impact

The contract strengthens Fluor's revenue pipeline and reinforces its position in the Middle East energy sector. For Aramco, it ensures access to Fluor's project management expertise for its capital projects.

oil and gas engineering and construction
Event Summary

Fluor Corporation (NYSE: FLR) announced that it has been selected by Saudi Aramco as a Program Management Consultancy (PMC) contractor under a Long-Term Agreement (LTA) to support Aramco's global capital projects portfolio. The LTA covers pre-FEED, FEED, engineering, project management, procurement oversight, construction management, and program execution services across upstream, downstream, petrochemical, and infrastructure developments. Fluor has a long-standing presence in Saudi Arabia since the 1940s and has supported Aramco on major facilities and infrastructure programs. The agreement reinforces Fluor's relationship with Aramco and its role in delivering complex energy projects.

Key Actions
80 Fluor Corporation selected as PMC contractor Saudi Aramco
Entities Involved
stock
Fluor Corporation
Fluor is the contractor selected by Aramco, boosting its project backlog and revenue prospects.
Importance 100.0 Sentiment 20.0
stock
Saudi Aramco
Aramco awarded the PMC contract to Fluor, securing project management support for its global capital projects.
Importance 100.0 Sentiment 5.0
cnt
Saudi Arabia
Saudi Arabia is the country where Fluor has a long-standing presence and where Aramco is based.
Importance 20.0 Sentiment 0.0
per
Pierre Bechelany
Pierre Bechelany, Fluor's Business Group President of Energy Solutions, commented on the agreement.
Importance 10.0 Sentiment 0.0
exch
New York Stock Exchange
Fluor is listed on the NYSE under ticker FLR.
Importance 5.0 Sentiment 0.0
Relationships
Saudi Aramco related ↔ Saudi Arabia
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