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Jacobs awarded contract from Santos

Wednesday, Jan 09, 2013

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.

“Jacobs has a long and successful working relationship with Santos in Australia. This contract continues our 30 year relationship, and we are delighted to support them in delivering upstream services for the Cooper Basin.”

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 flexibilityand reliability of the facilities.

In making the announcement, Jacobs Group Vice President Tom Quinn stated, “Jacobs has a long and successful working relationship with Santos in Australia. This contract continues our 30 year relationship, and we are delighted to support them in delivering upstream services for the Cooper Basin.”

Source: Business Wire

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