Supporting Expansion of Crude Unit and Jet Treater at Texas Refinery
PASADENA, Calif.--(BUSINESS WIRE)--
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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Source: Jacobs Engineering Group Inc.