Jacobs Receives Contract from North West Redwater

abarrelfullabarrelfull wrote on 14 Jul 2011 06:40
Tags: canada jacobs refinery


Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it has been awarded a contract by North West Redwater Partnership to provide detailed engineering, procurement and construction services for the development of a new oil refinery in Alberta, Canada.

Officials did not disclose the contract value.

The North West Redwater Refinery is expected to treat and sell bitumen, a portion of which is royalty in-kind bitumen supplied by the Alberta Petroleum Marketing Commission (APMC) on behalf of the Crown. This partnership with the Province of Alberta, known as the Bitumen Royalty in Kind (BRIK) policy, helps promote Alberta's oil sands development. The refinery expects to utilize carbon capture technology and won't rely on natural gas, a major step towards sustainable oil sands development.

Under the contract, Jacobs provides owner's engineer services to support the development of the refinery from the remaining critical phases of project development through to sustaining operations. The integrated team, comprised of individuals from both North West Redwater and Jacobs, is responsible for leading the project development and the coordination of overall project delivery organization.

In making the announcement, Jacobs Group Vice President Chip Mitchell stated, "We are thrilled to support such a technologically advanced project. Jacobs is dedicated to enhancing sustainability in Alberta's oil sands, and our participation in the North West Redwater project is a reflection of our commitment in this regard."

Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.


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