Jacobs Receives Contract from Abu Dhabi Oil Refining Company (Takreer)
December 08 2015 - 7:45AM
Business Wire
FEED Services for Waste Heat Recovery at the
General Utilities Plant, Ruwais Refinery
Jacobs Engineering Group Inc. (NYSE:JEC) announced today it
received a contract from Abu Dhabi Oil Refining Company (Takreer)
for front end engineering and design (FEED) services for the Waste
Heat Recovery Project at the general utilities plant (GUP) at
Ruwais Refinery. The GUP, with a capacity of generating 650
megawatts of power and producing 14 million imperial gallons a day
(MIGD) of water, serves the Ruwais Industrial Area and the
residential complex located on the Arabian Gulf coast,
approximately 240 kilometers from the city of Abu Dhabi.
Jacobs has been contracted to provide FEED services that focus
on improving efficiency at the GUP to enhance power generation and
water production, while reducing adverse environmental impacts. The
additional power and water is expected to cater to the increased
demand resulting from the on-going expansion of the Ruwais
Industrial Area and residential complex.
In making the announcement, Jacobs Senior Vice President Mark
Bello stated, “We are delighted to expand on our relationship with
Takreer at the Ruwais Refinery and provide FEED services for the
GUP. Our strength in front end project delivery combined with our
team’s proven performance in power and water generation supports
Takreer in the growth of this refinery.”
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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Jacobs Engineering Group Inc.Robin Shermer, 817.735.6284
Jacobs Engineering (NYSE:JEC)
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