PASADENA, Calif.--(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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Source: Jacobs Engineering Group Inc.