Jacobs Receives Contract from North Atlantic Refining Limited

abarrelfullabarrelfull wrote on 04 Jan 2011 14:32
Tags: contracts jacobs north-atlantic refinery


Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a three year contract from North Atlantic Refining Limited for the provision of Turnaround and Small Capital Work services at the company's Refinery in Newfoundland, Canada.

Officials did not disclose the contract value.

Under the terms of the contract, Jacobs will provide turnaround planning and execution, including pre-planning and post turnaround activities, as well as delivery of small capital works at the site.

In making this announcement, Jacobs Group Vice President Chip Mitchell stated, "We are pleased to expand our services in Atlantic Canada. This is both an opportunity for us to build a long term relationship with North Atlantic Refining Limited and to demonstrate our commitment to a long term presence in Newfoundland."

North Atlantic is a wholly owned subsidiary of Harvest Operations Corp, (Harvest). Harvest, wholly-owned by the Korea National Oil Corporation, is a significant operator in Canada's energy industry offering exposure to an integrated structure with upstream (exploration, development and production of crude oil and natural gas) and downstream (refining and marketing of distillate, gasoline and fuel oil) segments.

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


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