Jacobs Wins Contracts for Jimah East Power Project in Malaysia

PASADENA, Calif.--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) announced today it has been awarded two contracts by Hyundai Engineering Co., Ltd. (HEC) to provide engineering services for the balance of plant facilities and the cooling water intake and discharge system respectively for a 2,000MW ultra-super-critical, coal-fired power generation project in Port Dickson, about 60 kilometers south of Kuala Lumpur in Malaysia.

The Jimah East Power project involves building two units of 1,000MW power plant. Most notably, the plants are expected to be highly efficient and environmentally friendly by minimizing greenhouse gas emissions with ultra-super-critical pressure generation.

Jacobs’ role includes the detailed civil and structural design for the balance of plant (BOP) facilities and for the cooling water intake and discharge system. The civil scope comprises bulk earthworks, storm water drainage, underground sewer utilities, fencing and coordination of various underground services, while the structural scope covers foundation design for all BOP components and design for the cooling water intake and discharge system components. Services also include geotechnical design and local authority submissions, as well as construction phase services.

The project is expected to be commissioned in two stages, circa 2018 and 2019.

In making the announcement, Jacobs Group Vice President Peter Brettell said, “Jacobs has extensive experience in providing services for power projects throughout the region. We’re delighted to contribute our experience to this important project for Malaysia as it continues to expand its power generation capacity to service its rapidly growing economy and strengthen the national grid.”

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 2013 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.

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Source: Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc.



Robin Shermer



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