DALLAS--(BUSINESS WIRE)--
Jacobs
Engineering Group Inc. (NYSE:JEC) has been awarded a contract
by Canada Kuwait Petrochemical Corporation (CKPC) to provide front-end
engineering design (FEED) services for a proposed greenfield, integrated
propane dehydrogenation and polypropylene facility located in Sturgeon
County, Alberta, Canada. CKPC is a joint venture of Pembina Pipeline
Corporation (Pembina) of Canada and Petrochemical Industries Company of
Kuwait.
“Jacobs’ strength in front end project delivery, combined with our
team’s proven performance in propane dehydrogenation and polypropylene
technologies, supports CKPC in the development of this complex,” said
Jacobs Global Head of Petroleum and Chemicals Vinayak Pai. “Beyond this
project, we look forward to working with CKPC to help them add value to
Western Canada's hydrocarbon production and to meaningfully increase
local market demand for propane.”
“CKPC is looking forward to working with Jacobs for the FEED phase of
this project,” said Director of CKPC Waleed Al-Bader. “Jacobs was
selected after an extensive global search process, by demonstrating vast
petrochemical experience, a well-qualified project team and an
organizational-wide commitment to CKPC's success.”
In execution of the FEED, Jacobs will utilize resources from multiple
centers of excellence located in Calgary, Houston and Charleston, West
Virginia, with a significant portion of the project scope performed in
Canada. Jacobs will fully support CKPC’s vision of engaging and
developing the local workforce. The project is expected to mobilize
immediately.
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 over 54,000 people and operates in more than 25
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 Form 10-K for the year
ended September 30, 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.
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Source: Jacobs Engineering Group Inc.