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Fluor Acknowledges Court Decision on Santos' Gladstone LNG Project

1. FLR acknowledges a favorable ruling for Santos regarding Gladstone LNG project. 2. The final judgment from the Queensland court is still pending.

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FAQ

Why Bearish?

FLR's acknowledgment of the ruling negatively impacts its litigation prospects, similar to past legal setbacks.

How important is it?

The ruling could affect FLR's operational stability and future projects, impacting stock performance.

Why Long Term?

The ongoing legal dispute could lead to prolonged financial implications affecting FLR's bottom line.

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Santos
IRVING, Texas--(BUSINESS WIRE)--Although a final judgment is not expected until later this year, Fluor Corporation (NYSE: FLR) acknowledges the August 8, 2025, decision in favor of Santos by the Supreme Court of Queensland regarding a legal dispute over the Gladstone LNG project in Queensland, Australia. The court generally accepted the recommendations of a panel of referees that the court appointed to oversee the case despite Fluor's objection. The dispute has been ongoing since 2016 over Sant.

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