PASADENA, Calif., May 17, 2011 /PRNewswire/ -- Jacobs Engineering
Group Inc. (NYSE: JEC) announced today that it has been awarded the
Ras Tanura Refinery Clean Fuels and Aromatics Project, the first
major project to be awarded under the Saudi Aramco General
Engineering and Project Management Services (GES+) Contract.
Jacobs is executing the project from its office in Al-Khobar,
Saudi Arabia.
The scope of services for the Clean Fuels and Aromatics Project
includes pre-front end engineering design (FEED) services. In
addition, the project includes modifications to the refinery to
comply with future environmental regulations. The Ras Tanura
refinery is located in the Eastern Province of Saudi Arabia.
In making the announcement, Jacobs Group Vice President
Mike Coyle stated, "We are delighted
that Saudi Aramco has chosen Jacobs for this major undertaking that
has such environmental significance to the Kingdom of Saudi Arabia. We are proud to
support Saudi Aramco's environmental efforts and to further our
relationship with them."
Jacobs is one of the world's largest and most diverse providers
of technical, professional, and construction services.
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. For a description of some of the factors which may
occur that could cause actual results to differ from our
forward-looking statements please refer to our 2010 Form 10-K, and
in particular the discussions contained under Items 1 - Business,
1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's
Discussion and Analysis of Financial Condition and Results of
Operations. We do not undertake to update any forward-looking
statements made herein.
For additional information
contact:
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Michelle Jones
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626.578.6968
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(Logo:
http://photos.prnewswire.com/prnh/20090109/JACOBSEGLOGO)
SOURCE Jacobs Engineering Group Inc.