Fluor Corporation (NYSE:FLR) shares traded higher in Tuesday’s premarket session after the company announced a long-term agreement with Saudi Aramco.Fluor Wins Long-Term Aramco DealSaudi Aramco selected Fluor as a Program Management Consultancy contractor under a Long-Term Agreement.The agreement supports Aramco’s global capital projects portfolio and strengthens Fluor’s long-standing relationship with the Saudi energy company.Fluor said the agreement allows it to deploy global expertise, a local workforce, and digital project delivery capabilities more efficiently.Scope Of The AgreementThe LTA covers future opportunities across pre-FEED, FEED, engineering, project management, and procurement oversight.It also includes construction management and program execution services. The work spans upstream, downstream, petrochemical, and infrastructure developments.Fluor has worked in Saudi Arabia for more than 80 years. The company said it has supported Aramco on major facilities and infrastructure programs across the Kingdom.FLR Technical Outlook: Trend, Momentum And Key LevelsFluor’s stock is trading above both key moving averages, signaling a constructive technical setup. Its position above the 200-day SMA points to a positive long-term trend, while its move above the 50-day SMA suggests near-term bullish momentum.The Relative Strength Index (RSI) stands at 52.90, indicating a neutral momentum phase, suggesting that the stock is neither overbought nor oversold at this time.This level reflects a balanced market sentiment, while the moving averages indicate a bullish crossover, with the 20-day SMA above the 50-day SMA.