Jacobs Receives Contract from Suncor Energy to Support Firebag Program

abarrelfullabarrelfull wrote on 07 Sep 2011 12:01
Tags: canada jacobs oil-sands suncor upstream


Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has been awarded a contract by Suncor Energy to provide support for a program of sustaining works as part of its Firebag Stage Three in-situ oil sands project near Fort McMurray, Canada.

Officials did not disclose the contract value.

Jacobs has completed the detailed design phase of Firebag Stage Three; providing support for sustaining projects is the next step in Jacobs' involvement with the Firebag program, as Jacobs is currently involved in managing the ongoing pre-sustaining projects. By capitalizing on technical experience and continuously improving standards and processes, Jacobs works to facilitate operational effectiveness, reduce costs and maintain a strong safety record.

In making the announcement, Jacobs Group Vice President Chip Mitchell stated, "Transitioning from delivering capital projects to sustaining projects is a natural shift for Jacobs, leveraging our relationship-based model to continue delivering increasing value on an ongoing basis. We are delighted to continue to support Suncor 's operations at its Firebag oil sands project."


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