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Grant Awarded to Jacobs Engineering for Clean Technology Projects

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Aug 5 2010

Jacobs Engineering Group Inc. (NYSE: JEC) announced today that a project it will carryout with Suncor Energy Inc. has received funding from Climate Change and Emissions Management Corporation (CCEMC) for clean technology research and development projects.

The project, the Alberta Oil Sands Energy Efficiency and GHG Mitigation Roadmap study, will quantify potential GHG emissions reductions from technology and operational improvements in energy use at Suncor Energy's bitumen mining, steam assisted gravity drainage (SAGD) and upgrading facilities in the Fort McMurray area. Using Suncor's existing plant operations as a basis, this study will analyze the theoretic best energy efficiency that could be achieved in developing the oil sands resource.

CCEMC announced funding of $790,900 for this project.

Jacobs Group Vice President Earl J. Mitchell, Jr. said of the announcement, "Jacobs is proud to be working with Suncor Energy on this project. Like Suncor, Jacobs has long been committed to clean technology research and development. We're very pleased CCEMC is recognizing this particular effort."

Source: http://www.jacobs.com/

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