Jacobs Engineering Group (JEC)

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Jacobs News Release

A Collection of Jacobs News Release

Jacobs Awarded Contract for Ma'aden's Umm Wu'al Phosphate Project in Saudi Arabia
Tuesday May 22nd 2012 07:45:00 AM

PASADENA, Calif., May 22, 2012 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC) announced today it was awarded a contract by Saudi Arabian Mining Company (Ma'aden) to provide a bankable feasibility study/front end engineering design (FEED) for its Umm Wu'al Phosphate Project in the Sirhan-Turaif region, the Kingdom of Saudi Arabia. Officials did not disclose the contract value. Ma'aden is proceeding with the development of its Umm Wu'al Phosphate Project, a major phosphate resource in the north of Saudi Arabia, to supply merchant grade phosphoric acid to the fertilizer, food and animal feed industries. The greenfield project is located 35 kilometers northeast of Turaif and...

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Jacobs Receives Contract from Shell Canada Energy
Tuesday May 22nd 2012 07:45:00 AM

PASADENA, Calif., May 22, 2012 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC) announced today it received a five-year contract from Shell Canada Energy to provide main mechanical maintenance services to its Canadian operations, including the Scotford Upgrader and Manufacturing facilities near Fort Saskatchewan, Alberta; Corunna Refinery near Sarnia, Ontario; and Albian Jackpine and Muskeg River Mines near Fort McMurray, Alberta.  Officials did not disclose the contract value.  Under the terms of the contract, Jacobs is performing mechanical maintenance, including small capital project construction and turnaround activities. Jacobs has been working with Shell for o...

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Jacobs/Serco/Lockheed Martin Joint Venture Concludes AWE Pricing Arrangements through to 2018
Tuesday May 15th 2012 07:46:00 AM

PASADENA, Calif., May 15, 2012 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC) announced today that AWE Management Limited (AWE ML), in which it has a one third share, has concluded the arrangements for the next pricing period regarding the contract to Manage and Operate the Atomic Weapons Establishment (AWE) plc in the United Kingdom.  Formed in 2000, AWE ML is a joint venture between Jacobs, Lockheed Martin and Serco to manage AWE plc on behalf of the UK Ministry of Defence (MOD). The conclusion of recent negotiations is an important milestone although the contract has no material changes. The new arrangements will take effect from 1 April 2013 and run through to 31 March ...

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Jacobs Receives Contract from Evonik for New Chemical Plant
Tuesday May 8th 2012 07:45:00 AM

PASADENA, Calif., May 8, 2012 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC) announced today it was awarded a contract from Evonik Industries AG to provide basic engineering services for an investment in a grassroots polyamide 12 production facility in Asia. Officials did not disclose the contract value. Jacobs has been working closely with Evonik's project team in Marl, Germany to develop the conceptual design for the new plant, which is based on Evonik's existing plants in Germany. Members of the integrated project team are operating from Jacobs' office in Leiden, The Netherlands to undertake the FEED work, supported by Jacobs' office in Mumbai, India. Under a ...

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Jacobs Secures Four-Year Contract with Gatwick Airport
Tuesday May 8th 2012 07:45:00 AM

PASADENA, Calif., May 8, 2012 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC) announced today it was appointed to a  four-year framework contract by Gatwick Airport Limited (GAL) in the United Kingdom to provide professional services support to its airport capital projects team in delivering Gatwick's planned $1.9 billion (1.172 billion pounds Sterling) capital investment program. Officials did not disclose the contract value. GAL's capital investment program – extending to 2014 – is made up of hundreds of projects: some are large scale new infrastructure projects while others may be smaller scale, behind-the-scenes improvements. The contract aims to more effect...

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Jacobs Engineering Group Inc. Reports Earnings for the Second Quarter of Fiscal 2012
Monday April 30th 2012 09:42:00 PM

PASADENA, Calif., April 30, 2012 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC) announced today its financial results for the second quarter of fiscal 2012 ended March 30, 2012.  Second Quarter Fiscal 2012 Highlights: Net earnings for the quarter of $83.9 million; Diluted EPS for the quarter of $0.65; Net earnings for the six months ended March 30, 2012 of $173.6 million; Diluted EPS for the six months ended March 30, 2012 of $1.35; and, Backlog at March 30, 2012 of $15.1 billion. Jacobs reported today net earnings of $83.9 million, or $0.65 per diluted share, on revenues of $2.70 billion for its second quarter of fiscal 2012 ende...

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Jacobs Receives Second Contract From Hong Kong SAR Government
Tuesday April 24th 2012 07:46:00 AM

Jacobs to Manage and Operate Public Works Regional Laboratory PASADENA, Calif., April 24, 2012 /PRNewswire via COMTEX/ -- Jacobs Engineering Group Inc. (NYSE:JEC) announced today it was awarded an outsourcing contract from the Civil Engineering and Development Department of the Government of the Hong Kong Special Administrative Region to provide management and operating services for the new Public Works Regional Laboratory (Siu Ho Wan). The contract commences on June 1. The contract value is estimated at $11 million (HK$85.2 million). Jacobs' scope of work for the project includes operating the Siu Ho Wan facility and managing its 51 laboratory-based staff for a period of approximately...

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Jacobs Awarded Contract Option Year for Work at TVA's Kingston Site
Tuesday April 24th 2012 07:46:00 AM

PASADENA, Calif., April 24, 2012 /PRNewswire via COMTEX/ -- Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it was awarded its second option year on the Tennessee Valley Authority's (TVA) Ash Recovery Project at the Kingston Fossil Plant in Kingston, Tenn. The option year has a potential value of more than $10 million. Jacobs, acting as project manager/construction manager for the project, has provided comprehensive program oversight at the Kingston site since February 2009 after a dike containing coal combustion ash failed, releasing approximately 5.4 million cubic yards of ash into surrounding waterways and property. Jacobs continues to provide technical assistance to TVA...

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Jacobs Receives Contract from SABIC for Chemical Plant in The Netherlands
Tuesday April 17th 2012 07:47:00 AM

PASADENA, Calif., April 17, 2012 /PRNewswire via COMTEX/ -- Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it was awarded a contract from Saudi Basic Industries Corporation (SABIC) to provide engineering, procurement, and construction management (EPCM) services to support the upgrade of an Olefins 4 plant at SABIC's petrochemical production complex in Geleen, The Netherlands. Officials did not disclose the contract value; however, they noted that the project is scheduled to be completed in 2013 as part of the scheduled plant turnaround. Jacobs is executing the work from its office in Meerssen, The Netherlands, which is close to the site. The project involves numerous modif...

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Jacobs Receives Contract from BP for Rotterdam Refinery
Tuesday April 17th 2012 07:47:00 AM

PASADENA, Calif., April 17, 2012 /PRNewswire via COMTEX/ -- Jacobs Engineering Group Inc. (NYSE:JEC) announced today it was awarded a contract from BP Raffinaderij Rotterdam B.V. to provide engineering and procurement services, as well as engineering assistance during construction, commissioning and startup for a major shutdown of the fluid catalytic cracker unit (FCCU) at the Rotterdam Refinery in The Netherlands. Officials did not disclose the contract value however they noted that the Jacobs' BP Program task force in Leiden, The Netherlands and Mumbai, India are executing the FCCU shutdown as part of an ongoing program portfolio, supported by a site-based team. The 400,000 bpd Rotterd...

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