SATORP Awards Jacobs General Engineering Services Contract

DALLAS, Aug. 15, 2018 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC) has received a two-year contract renewal from Saudi Aramco Total Refining and Petrochemical Company (SATORP) for its subsidiary in the Kingdom of Saudi Arabia, Jacobs Zamel and Turbag Consulting Engineers (Jacobs ZATE), to provide general engineering services at SATORP's facilities in Jubail Industrial City 2 on the Arabian Gulf coast.

Jacobs continues to provide a range of services, from basic engineering to Front End Engineering Design (FEED), detailed design, procurement through to construction management, commissioning support and handover of small to medium sized capital investments to sustain the operations of the SATORP Jubail II refinery. The services are led by a dedicated team from Jacobs ZATE in Al-Khobar, Saudi Arabia.

"SATORP's continued trust in our proven capabilities as a world-class engineering and construction management company is a testament of our commitment as a valued partner in the region," said Jacobs Energy, Chemicals and Resources Senior Vice President and General Manager EMEA David Zelinski. "This contract renewal reaffirms our strong relationship with SATORP and our long-standing position in the Kingdom."

Jacobs has operated in Saudi Arabia for more than 40 years, developing strong partnerships with the Kingdom's industrial leaders including, Saudi Aramco, Saudi Basic Industries Corporation (SABIC) and Saudi Arabian Mining Company (Ma'aden). Examples of the company's work in the Middle East include BP Khazzan Oman Gas Field, Sinnovate Smart Technology Hub, Zuluf Gas/Oil Separation Plant FEED, King Abdulaziz Project for Riyadh Public Transport, Sadara Chemical Company, Prince Mohammed bin Abdulaziz International Airport, Ma'aden Wa'ad Al-Shamal Phosphate Company and numerous infrastructure projects with the Saudi Industrial Property Authority (MODON).

Jacobs leads the global professional services sector delivering solutions for a more connected, sustainable world. With $15 billion in fiscal 2017 revenue when combined with full-year CH2M revenues and a talent force of more than 77,000, Jacobs provides a full spectrum of services including scientific, technical, professional and construction- and program-management for business, industrial, commercial, government and infrastructure sectors. For more information, visit www.jacobs.com, and connect with Jacobs on LinkedIn, Twitter, Facebook and Instagram.

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 Form 10-K for the year ended September 29, 2017, 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.