Jacobs’ scope of work for the project includes project management, quality assurance, safety assurance, permitting support, engineering review, construction oversight and start-up and commissioning oversight.
While making the announcement, Jacobs Group Vice President Bob Irvin stated, “Jacobs is very pleased to continue to be with Marafiq in its growth as the first private integrated utility company in Saudi Arabia. This project supports Jacobs’ long-term commitment to clients in the Middle East.”
Marafiq’s core business is the development, operation and maintenance of power and water treatment systems to provide essential utility services for the industrial cities of Jubail and Yanbu in Saudi Arabia.
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 2010 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.
Tuesday, September 20- 2011 @ 16:04 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.