Jacobs receives new contracts from Saudi Aramco | Jacobs receives new contracts from Saudi Aramco -
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Jacobs receives new contracts from Saudi Aramco

Saudi Arabia: Wednesday, November 30 - 2005 @ 08:34

Officials did not disclose the contract values.

Jacobs is performing the awarded work at three key Saudi Aramco locations in Saudi Arabia. The Kursaniyah site is adding three SRUs with a capacity of 900 tons per day (tpd) each while the Shedgum and Uthmaniyah locations are both revamping five 550-tpd units. These 13 units will process over 8,200 tons of sulfur per day.

The SUPERCLAUS(R) units produce molten elemental sulfur by recovering sulfur from acid gas (H2S and CO2) feed streams generated by high- and low-pressure regeneration facilities. The additions and upgrades allow Saudi Aramco to satisfy environmental regulations that require a sulfur recovery level of at least 98.7 percent.

Saudi Aramco has over 20 operating units in five locations. Jacobs has added all of the units since they began providing technical services to Saudi Aramco in 2000.

Jacobs Nederland B.V.-Comprimo(R) Sulfur Solutions Group now has over 30 sulfur projects in development worldwide, representing a total recovery of over 25,000 tons of sulfur per day. They have built over 300 units since 1985.

In making the announcement, Jacobs Group Vice President Andy Kremer stated,

“We are delighted to receive these new contracts, which underscore the high level of confidence we have earned from Saudi Aramco. We are proud of what we’ve accomplished together and we look forward to continuing to support their long-term growth. Receiving these project awards also advances our corporate objective to expand our presence in Saudi Arabia.”

Jacobs, with over 38,000 employees and revenues approaching $6.0 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. Any forward-looking statements made in this release represent management’s best judgement as to what may occur in the future. However, Jacobs’ actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions (“Future Factors”), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section “Forward-Looking Statements” included in Item 7 – Management’s Discussion and Analysis of Financial Condition and Results of Operations contained in the Company’s 2004 Annual Report on Form 10-K.

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Wednesday, November 30- 2005 @ 8:34 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.

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