Market Overview

Jacobs Wins Contract to Support Upstream Activities in Australia

Related JEC
Top 4 NYSE Stocks In The Technical Services Industry With The Highest Profit Margin
Mid-Afternoon Market Update: Trina Solar Drops After Quarterly Results; Tetraphase Pharmaceuticals Shares Spike Higher
How TRIA Renewal Could Impact Construction (Fox Business)

Jacobs Engineering Group Inc. (NYSE: JEC) announced today it has been awarded a contract from Santos, one of Australia's largest domestic gas producers, to deliver the concept development study for its Cooper Gas Growth (CGG) satellite developments in South Australia.

Officials did not disclose the contract value.

The satellite developments are an integral component of Santos' CGG program, which involves major expansion of existing upstream operations, including the Moomba gas fields and processing facilities in South Australia.

Under the terms of the contract, Jacobs is providing study management and engineering and design services. The study is focusing on design standardization and modularization that are expected to deliver long term benefits regarding the operational flexibility and reliability of the facilities.

Posted-In: News Contracts

 

Related Articles (JEC)

Around the Web, We're Loving...

Get Benzinga's Newsletters