PASADENA, Calif., Dec. 13, 2011 /PRNewswire/ -- Jacobs Engineering
Group Inc. (NYSE:JEC) announced today that it was awarded a
framework contract from Gassnova SF for its "CO2 Capture Mongstad
(CCM) Project" at the Mongstad Refinery site in Norway.
Officials did not disclose the contract value, however, they
noted that the framework contract, for which Jacobs is the sole
provider of engineering and technical assistance services, is being
executed from its office in Leiden, The
Netherlands.
Under the terms of the contract, Jacobs is providing engineering
and technical assistance services to support the installation of a
large-scale carbon dioxide (CO2) capture plant for a combined heat
and power (CHP) plant at the refinery. The CHP plant is integrated
with the refinery and includes fuel gas/electricity exchange with
the Troll gas field in the Norwegian sector of the North Sea. The
work involves individual call-off contracts which could include
feasibility and concept studies, 3D modeling, interface
coordination, detailed engineering and construction plans, health,
safety and environmental (HSE) management and HSE engineering
activities, including a site-wide noise control strategy, and cost
estimates.
In making the announcement, Jacobs Group Vice President
Robert Matha stated, "Jacobs is
proud to support this important project and help Gassnova to
achieve its project carbon capture goals."
The CCM Project, which is in an early development stage, is
funded by the Norwegian State and being undertaken by a joint
venture between Gassnova SF and Statoil ASA. The project is planned
to meet Norway's rigorous
standards for health, safety and environmental management.
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 2011 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
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SOURCE Jacobs Engineering Group Inc.