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Fluor Corporation 2006 Annual Report 9
      
38�
REVENUE BY SEGMENT
OIL & GAS
and CO2 capture to advance our competitive position. On
the liquefied natural gas (LNG) front, we completed a highly
successful fast-tracked regasification terminal project for
Shell in Altamira, Mexico, in 2006. We received the go-
ahead to start work on the common utilities and off-sites for
a multibillion-dollar gas-processing facility in Qatar for Ras
Laffan Liquefied Natural Gas, and performed work on LNG
regasification facilities in Spain and China.
GEOGRAPHIC DIVERSITY
Geographic diversity is an important competitive advantage
for Fluor across the board. And of all our businesses, Oil &
Gas is the most geographically diverse. We maintain a long-
term presence in the locations where we typically work, which
helps Fluor become both a trusted business partner and an
integral part of the community. is enables us to develop and
maintain solid relationships with our customers, serving them
well in both robust and restrained economies. Our decades-
long presence in the Middle East coupled with further regional
expansion is an excellent example of how our geographic
diversity is helping us establish a dominant position and sustain
momentum in strategic business locations.
RARE CAPABILITIES
Fluor provides value to our customers in many ways.
Our ability to work efficiently in challenging locations or
extreme climates differentiates our company. In order for
our customers to meet climbing demand for oil, gas and
petrochemical products, they must continue to invest in
the development of additional resources. at means going
wherever the supply dictates — whether the site is frozen
ground, sweltering sand or deep underwater. And as a company
whose core business is providing the specialized engineering
talent and management to handle the largest projects in the
most difficult locations and conditions imaginable, Fluor is
one of a few companies with the global reach and resources
to deliver these projects successfully.