Jacobs Receives Contract for ExxonMobil
August 11 2015 - 7:45AM
Business Wire
Supporting Expansion of Crude Unit and Jet
Treater at Texas Refinery
Jacobs Engineering Group Inc. (NYSE:JEC) announced today it was
selected by ExxonMobil to perform engineering, procurement and
construction management (EPCM) services for its Crude Flexibility
Engineering and Construction Project at the ExxonMobil Refinery in
Beaumont, Texas.
Company officials did not disclose the contract value, but noted
that this project is a release against an existing long-term
agreement.
The project aims to expand crude oil throughput at ExxonMobil’s
Beaumont refinery, increase production in the jet fuel unit, and
optimize energy usage by enabling the crude unit to run different
crude slates.
In making the announcement, Jacobs Group Vice President Manuel
Junco stated, “We are pleased to build upon our long-term
relationship with ExxonMobil and strengthen our presence at the
Beaumont Refinery as we help them reach their goals on this
project.”
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 2014 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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version on businesswire.com: http://www.businesswire.com/news/home/20150811005339/en/
Jacobs Engineering Group Inc.Robin Shermer, 817-735-6284
Jacobs Engineering (NYSE:JEC)
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