Jacobs Wins Contract for Sahara Petrochemicals Facilities in Saudi Arabia
June 14 2016 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today it
received a three-year contract from Sahara Petrochemicals (Sahara)
to provide general engineering services at Sahara’s Jubail
Industrial City facilities in Saudi Arabia.
Under the terms of the contract, Jacobs is expected to provide
engineering, procurement, construction supervision, project
management, pre-commissioning and commissioning support to a range
of small- to medium-sized capital projects for Sahara’s propane
dehydrogenation, poly propylene, chlor alkyl, ethylene dichloride
and peripheral utilities operating facilities.
In making the announcement, Jacobs Senior Vice President Oil and
Gas Bassim D. Shebaro stated, “Jacobs has had a presence in the
Middle East for many years serving the Oil, Gas, Buildings and
Infrastructure sectors. This contract enables us to expand our
presence in Jubail as part of our overall commitment to providing
world-class services to our clients across the region."
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 2015 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/20160614005420/en/
Jacobs Engineering Group Inc.Robin Shermer, 817.735.6284
Jacobs Engineering (NYSE:JEC)
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