PASADENA, Calif.--(BUSINESS WIRE)--
Jacobs
Engineering Group Inc. (NYSE:JEC) announced today it was appointed
by Woodside Energy Ltd (Woodside) to work as part of an engineering
panel to provide multi-disciplinary engineering services for Woodside’s
onshore and offshore assets for a period of two years.
Under the contract, Jacobs has the ability to deliver concept, FEED and
detail design activities, engineering assessments and engineering
support services for maintenance and operations.
Woodside is an Australian oil and gas company and one of the largest LNG
producers in Australia, with a global presence as an explorer,
developer, producer and supplier. Woodside’s developing and producing
portfolio includes assets across Australia’s West Coast, Canada and
Timor Leste.
In making the announcement, Jacobs Senior Vice President Steve Axcell stated,
“We are very pleased to be a part of this new panel venture with
Woodside, which strengthens our position in the oil and gas industry in
Australia. We are excited to engage our local and international
capabilities, including our global integrated delivery model to support
the successful delivery of safe, cost effective projects to Woodside.”
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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Source: Jacobs Engineering Group Inc.