PASADENA, Calif., Sept. 30 /PRNewswire-FirstCall/ -- Jacobs Engineering
Group Inc. (NYSE: JEC) announced today that it received a 3-year contract from
Shell Supply and Distribution to provide front-end design, engineering,
procurement, and construction management services for Shell's European
biofuels program. The objective of the program is to install bioethanol and
biodiesel blending facilities in Shell depots throughout Europe.
Officials did not disclose the contract value.
Under the program, Jacobs will develop conceptual designs and basic
engineering packages for various biofuel blending projects, progressing to
full implementation and construction management for most of the projects.
Jacobs will execute the work in its Ghent, Belgium, office.
In making the announcement, Jacobs Group Vice President Robert Matha said,
'We are very enthusiastic to support Shell in implementing this biofuels
program. It achieves Shell's objective to comply with European Union
directives and satisfies customer demand for clean fuels products.'
Jacobs, with over 56,000 employees and revenues exceeding $10.0 billion,
provides technical, professional, and construction services globally.
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 2007
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.
For additional information contact:
Michelle Jones
626.578.6968
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SOURCE Jacobs Engineering Group Inc.