Jacobs Receives Contract from Nexen

abarrelfullabarrelfull wrote on 06 Aug 2013 20:40
Tags: canada engineering jacobs n-america nexen oil-sands


Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it received a three-year contract from Nexen Energy ULC for engineering and procurement services for the Long Lake oil sands facility. Long Lake is an integrated Steam Assisted Gravity Drainage (SAGD) and upgrading operation that uses a proprietary OrCrude™ technology as well as hydrocracking and gasification to produce Premium Synthetic Crude (PSC™) oil. The Long Lake site is located approximately 40 km southeast of Fort McMurray, Alberta, Canada.

Officials did not disclose the contract value.

Jacobs is delivering a portfolio of capital projects, the outcome of which is expected to make improvements to sustain capacity and improve efficiency at the facility. The scope of Jacobs’ portfolio includes all phases of engineering and procurement services in order to meet the facility’s production goals.

In making the announcement, Jacobs Group Vice President Mike Coyle stated, “We are delighted to expand on our relationship with Nexen at the Long Lake site and provide them with engineering and procurement services. Our strength in Sustaining Capital project delivery combined with our team’s proven performance in SAGD technology supports Nexen in the growth of their oil sands facilities.”


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