DALLAS, Aug. 12, 2021 /PRNewswire/ -- Jacobs
(NYSE:J) was selected to carry out essential engineering
modifications as part of a $1.2
billion (ZAR 20 billion)
program to extend the operating life of the Koeberg Nuclear Power
Plant near Cape Town, South
Africa. Koeberg is South
Africa's sole nuclear power plant and generates 5% of the
country's electricity.
The project is in preparation for the installation of six
replacement steam generators, each weighing about 380 tons and
about 20 meters long, at the two-reactor plant operated by
Eskom.
"This project is vital to maintain the pivotal role of nuclear
power in South Africa's energy
mix," said Jacobs Energy Security and Technology Senior Vice
President Karen Wiemelt. "To date,
this is the largest single contract for our nuclear team in
South Africa, which has
successfully completed numerous engineering, procurement and
construction projects to support operations at Koeberg over the
past 30 years."
Jacobs will be responsible for construction management related
to modifications to the secondary turbine system. The scope of work
includes prefabrication of piping, pipe supports and modification,
and piping replacement; installation of on-site scaffolding,
rigging and lagging; vessel modifications and strengthening; and
replacement of forced air cooler units.
Work on replacing the steam generators for the first of
Koeberg's two units is scheduled to start during a planned outage
in January 2022, with the overall
project taking two years to complete.
The current steam generators have been in service since the
plant was connected to the national grid in 1984. Their replacement
is an essential part of the plan to extend the operational life of
Koeberg by approximately 20 years, from 40 to 60 years.
At Jacobs, we're challenging today to reinvent tomorrow by
solving the world's most critical problems for thriving cities,
resilient environments, mission-critical outcomes, operational
advancement, scientific discovery and cutting-edge manufacturing,
turning abstract ideas into realities that transform the world for
good. With $14 billion in revenue and
a talent force of approximately 55,000, Jacobs provides a full
spectrum of professional services including consulting, technical,
scientific and project delivery for the government and private
sector. Visit jacobs.com and connect with Jacobs on
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Certain statements contained in this press release constitute
forward-looking statements as such term is defined in Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, and such statements
are intended to be covered by the safe harbor provided by the same.
Statements made in this release that are not based on historical
fact are forward-looking statements. We base these forward-looking
statements on management's current estimates and expectations as
well as currently available competitive, financial and economic
data. Forward-looking statements, however, are inherently
uncertain. There are a variety of factors that could cause business
results to differ materially from our forward-looking statements,
including, but not limited to, the impact of the COVID-19 pandemic,
including the emergence and spread of variants of COVID-19, and the
related reaction of governments on global and regional market
conditions and the company's business. For a description of some
additional factors that may occur that could cause actual results
to differ from our forward-looking statements, see our Annual
Report on Form 10-K for the year ended October 2, 2020, and in particular the
discussions contained under Item 1 - Business; Item 1A - Risk
Factors; Item 3 - Legal Proceedings; and Item 7 - Management's
Discussion and Analysis of Financial Condition and Results of
Operations, and our Quarterly Report on Form 10-Q for the quarter
ended July 2, 2021, and in particular
the discussions contained under Part I, Item 2 - Management's
Discussion and Analysis of Financial Condition and Results of
Operations; Part II, Item 1 - Legal Proceedings; and Part II, Item
1A - Risk Factors, as well as the company's other filings with the
Securities and Exchange Commission. The company is not under any
duty to update any of the forward-looking statements after the date
of this press release to conform to actual results, except as
required by applicable law.
For press/media inquiries:
Kerrie Sparks
214.583.8433
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SOURCE Jacobs