PASADENA, Calif., June 16 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract from Storengy, a company of GDF SUEZ Group, to provide engineering, procurement, and construction management services to upgrade its underground gas storage facility in Etrez, France.
Storengy is dedicated to the underground storage of natural gas in France as well as in UK, Germany, and Canada. It is the second-largest natural gas storage operator in Europe, with working capacity of approximately 400 billion cubic feet.
Officials did not disclose the contract value.
This renovation project will add four salt caverns to the existing 17 caverns at the site to increase the facility's production capacity as well as reduce impacts to the environment. Jacobs will design and install gas compression, gas treatment, a control system, and utilities. The program is scheduled to be implemented over the next three years.
In making the announcement, Jacobs Group Vice President Robert Matha stated, "We are delighted to receive this contract. It gives us the opportunity to strengthen our relationship with Storengy and GDF SUEZ Group, and to help them meet their customers' growing needs in the European market."
Jacobs, with annual revenues exceeding $12 billion, is one of the world's largest and most diverse providers of technical, professional, and construction services.
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For additional information, contact:
Michelle Jones
626.578.6968
SOURCE Jacobs Engineering Group Inc.
Web Site: http://www.jacobs.com