DALLAS, June 14, 2018 /PRNewswire/ -- Jacobs Engineering
Group Inc. (NYSE:JEC), through its local subsidiary in Saudi Arabia, Jacobs ZATE, has been awarded a
three-year, general engineering services (GES) contract from Yanbu
Aramco Sinopec Refining Company Ltd. (YASREF) to help optimize the
production at Yasref's Yanbu Industrial City facilities in
Saudi Arabia.
Jacobs will provide a range of services, from basic engineering
to Front End Engineering Design (FEED), detailed design,
procurement through to construction management, commissioning
support and handover for a portfolio of YASREF's capital
expenditure projects for the Yanbu refinery.
"This new contract reaffirms our world-class engineering
services that will be delivered through our local expert teams,
with reach-back to our global subject matter expertise", said
Jacobs Energy, Chemicals and Resources Vice President and General
Manager EMEA David Zelinski. "We bring access to a full-spectrum
technical professional services firm to the west coast of the
Kingdom while growing our presence in the country."
The YASREF full conversion refinery is the key facility in Yanbu
Industrial City, covering about 5.2 million square meters. YASREF
uses 400,000 barrels per day (bpd) of Arabian heavy crude oil to
produce premium transportation fuels, as well as high-value refined
products. The facility became operational in 2014, contributing to
the Kingdom's vision to reliably supply domestic and international
markets with high quality, clean refined products and fuels.
Jacobs has been operating in Saudi
Arabia for more than 40 years, developing strong
partnerships with the Kingdom's industrial leaders including, Saudi
Aramco, Saudi Basic Industries Corporation (SABIC) and Saudi
Arabian Mining Company (Ma'aden). Examples of the company's work in
the region include BP Khazzan Oman Gas Field, Sinnovate
Smart Technology Hub, Zuluf Gas/Oil Separation Plant
FEED, King Abdulaziz Project for Riyadh Public
Transport, Sadara Chemical Company, Prince Mohammed bin
Abdulaziz International Airport, Ma'aden Wa'ad Al-Shamal
Phosphate Company and numerous infrastructure projects with
the Saudi Industrial Property Authority (MODON).
Jacobs leads the global professional services sector delivering
solutions for a more connected, sustainable world. With
$15 billion in fiscal 2017 revenue
when combined with full-year CH2M revenues and a talent force more
than 77,000, Jacobs provides a full spectrum of services including
scientific, technical, professional and construction- and
program-management for business, industrial, commercial, government
and infrastructure sectors. For more information, visit
www.jacobs.com, and connect with Jacobs on LinkedIn, Twitter,
Facebook and Instagram.
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 Form 10-K for the year ended September 29, 2017, 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.
For press/media inquiries:
Kerrie Sparks
214.583.8433
Brian Morandi
720.286.0719
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SOURCE Jacobs Engineering Group Inc.