PASADENA, Calif., July 10, 2012 /PRNewswire/ -- Jacobs Engineering
Group Inc. (NYSE:JEC) announced today that it received a five-year
contract from Shell Canada Energy for front end engineering design,
engineering, procurement, construction support, commissioning
support and related services for the Jackpine Mine Tailings and
Infrastructure Program. The Jackpine Mine is one of two mines at
Shell's Albian Sands site near Fort
McMurray, Alberta, Canada.
Officials did not disclose the contract value.
Jacobs is delivering a portfolio of projects involving
conceptual engineering of new technologies to consolidate tailings
and meet environmental requirements.
In making the announcement, Jacobs Group Vice President
Chip Mitchell stated, "We are
delighted to build on our previous success with Shell at the Albian
Sands site and extend our services into environmental projects at
the Jackpine Mine. Our strength in portfolio management combined
with our team's proven performance on tailings projects supports
Shell in the responsible development of their oil sands
assets."
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.
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For additional information contact:
Michelle Jones
626.578.6968
SOURCE Jacobs Engineering Group Inc.