Jacobs Wins Contract for Sipchem Facilities in Saudi Arabia
July 14 2016 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today it
received a three-year contract from Saudi International
Petrochemical Company (Sipchem) to provide general engineering
services at Sipchem’s Jubail Industrial City facilities in Saudi
Arabia.
Under the terms of the contract, Jacobs is expected to provide a
range of engineering services on an as-needed basis for a portfolio
of minor capital expenditure projects at the Sipchem
facilities.
In making the announcement, Jacobs Senior Vice President Oil and
Gas Bassim D. Shebaro stated, “We are proud to receive this
contract, which builds on our growing presence in the Jubail
Industrial City. Our extensive experience in the provision of
similar services in Saudi Arabia and our recently established local
presence in Al Jubail were key factors in helping us secure this
contract.”
Jacobs is one of the world’s largest and most diverse providers
of full-spectrum technical, professional and construction services
for industrial, commercial and government organizations globally.
The company employs 60,000 people and operates in more than 30
countries around the world. For more information, visit
www.jacobs.com.
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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160714005059/en/
Jacobs Engineering Group Inc.Robin Shermer, 817-735-6284
Jacobs Engineering (NYSE:JEC)
Historical Stock Chart
From Jun 2024 to Jul 2024
Jacobs Engineering (NYSE:JEC)
Historical Stock Chart
From Jul 2023 to Jul 2024