Jacobs Engineering Group Inc. (NYSE:JEC) announced today it supplied technical services and technology that played a key role in enabling natural gas production from the Chuandongbei Project in southwest China. Jacobs provided a team of local and international experts to the integrated project team and contributed specialist engineering and project management services through all phases of the project from its offices in China, Australia, the United States, the Netherlands and Canada.
In addition, Jacobs’ Comprimo Sulfur Solutions® technology was licensed by the project’s operator, Unocal East China Sea, Ltd (Unocal), a fully-owned subsidiary of Chevron Corporation (NYSE: CVX). Comprimo is a leading suite of gas treating and sulfur recovery technologies. The technology, combined with Jacobs’ experience and expertise, assists clients in gas sweetening, sulfur recovery and tail gas treatment.
Commenting on the milestone, Jacobs Senior Vice President Steve Axcell stated, “We are proud to contribute to this significant milestone for Chevron in China. We are also pleased to provide our Comprimo technology, which is built on more than 40 years of research and development.”
Chuandongbei is a large onshore gas project that is expected to become an important supplier of clean and affordable energy to the rapidly growing economy in southwest China.
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 2015 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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Robin Shermer, 817.735.6284
