Jacobs Receives Contract From BP For Rotterdam Refinery
Pasadena, CA /PRNewswire/ -- 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 Rotterdam refining facility, which is Europe's second largest, is an important part of BP's production capacity. Jacobs is currently executing a multi-year program of micro, mid-sized and large projects at the refinery. For the FCCU shutdown, Jacobs' scope of work involves replacement of the end-of-life power recovery train and regenerator ballistic separator and cyclones.
In making the announcement, Jacobs Group Vice President Robert Matha stated, "We have a successful collaboration with BP at the Rotterdam Refinery and we are enthusiastic to now include the FCCU shutdown in our current portfolio of work."
Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.
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 2011 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.
SOURCE Jacobs Engineering Group Inc.