February 19, 2010 (FinancialWire) — Fluor Corp. (NYSE: FLR) said that its joint venture with Sinclair Knight Merz has been awarded a contract by BHP Billiton (LSE: BLT) to execute the next phase of its rapid growth program.

The focus of the project will be the continued expansion of BHP Billiton’s iron ore operations in the Pilbara Region of Western Australia. Fluor booked around $500 million in the company’s fourth quarter of 2009.

The Fluor SKM Iron Ore joint venture’s scope includes overall program management activities and engineering, procurement and construction management services for specific elements of the mine, port and rail works.

Texas-based Fluor designs, builds and maintains projects. The company provides capabilities in the fields of engineering, procurement, construction, commissioning, operations, maintenance and project management.

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