PASADENA, Calif., Nov. 8, 2011 /PRNewswire/ -- Jacobs Engineering
Group Inc. (NYSE: JEC) announced today that it received a contract
from Shell Downstream Distribution to provide project management
and engineering services for Shell's European Program. The contract
involves program assets in Austria, the
Netherlands, Germany,
Luxemburg, Turkey, Italy, Denmark, Norway and the United Kingdom.
The three-year framework agreement has an optional two-year
extension. Contract value is confidential. Jacobs' office in
Ghent, Belgium is leading the
program work, working closely with Jacobs' offices in Cologne, Germany; Milan, Italy; Stenungsund, Sweden; Glasgow,
Scotland; and Mumbai,
India.
Jacobs is supporting Shell in managing its Regional Capital
Program through the engineering procurement and construction
management (EPCM) model for identified projects. Jacobs is also
managing Shell's asset or project information and documents for all
terminal facilities across the region.
In making the announcement, Jacobs Group Vice President
Robert Matha stated, "Jacobs and
Shell have a decades-long relationship across Europe. We are very enthusiastic to enhance
and sustain our partnership with this important asset management
contract."
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:
Michelle Jones
626.578.6968
(Logo:
http://photos.prnewswire.com/prnh/20110628/LA26838LOGO)
SOURCE Jacobs Engineering Group Inc.