Nov 4 2009
This project represents one of several Jacobs is supporting in Suncor oil sands
Jacobs Engineering Group Inc. (NYSE: JEC) announced today it has been awarded a contract by Suncor Energy (Suncor) to provide planning, pre-work, procurement and field services for execution of a portion of the 2010 Turnaround at its Upgrader 2 (U2) unit located 30 kilometers north of Fort McMurray, Alberta, Canada.
Officials did not disclose the contract value.
The work will be developed in two phases. The Planning and Preparation Phase is currently under way and will be followed by the Execution Phase. The outage is scheduled to begin in the second quarter of 2010. Jacobs has experience in planning, scheduling and executing over 30 successful turnarounds in North America, on average a year.
In addition to supporting Suncor oil sands with the U2 2010 Turnaround, Jacobs is assisting Suncor's Major Projects group responsible for design and construction of a number of developments in support of Suncor's Tailings Reduction Operations group.
In making this announcement, Jacobs Group Vice President Chip Mitchell stated, "We are very proud of our longstanding relationship with Suncor and are thrilled to re-engage our field services team at oil sands. We will continue to work closely with Suncor to improve plant reliability and drive operational excellence."
Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.
Any statements made in this release that are not based on historical fact are forward-looking statements. Although such statements are based on management's current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in 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 2008 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 also caution the readers of this release that we do not undertake to update any forward-looking statements made herein.
Source: http://www.jacobs.com/