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