Jacobs receives contract from ExxonMobil Chemical Company

Tuesday, August 12, 2014
  • Company officials did not disclose the contract value.

Jacobs Engineering Group Inc. (NYSE:JEC) announce that it was awarded a contract from ExxonMobil Chemical Company to provide engineering, procurement and construction services as part of a multi-billion dollar ethane cracker project in ExxonMobil's Baytown, Texas complex and associated premium product facilities in Mont Belvieu, Texas.

Company officials did not disclose the contract value.

Under the terms of the contract, Jacobs is providing site enabling works and interconnections services for the two sites. Jacobs' scope of work includes site preparation of 350 acres for the ethane cracker in Baytown and 100 acres for the product facilities in Mont Belvieu.

Jacobs is also working on the interconnectivity of the two sites by integrating into ExxonMobil's existing facilities a new 1.5 million ton per year ethane steam cracker in Baytown and two new high performance polyethylene lines in Mont Belvieu, with a capacity of 650,000 tons per year. This aspect of the project requires approximately 63,000 feet of pipe to integrate into the existing Baytown facility and 43,000 feet of pipe to integrate into the existing Mont Belvieu facility.

In making the announcement, Jacobs Group Vice President Mike Autrey stated, 'Our interface management and integration role is crucial to the success of this expansion project. We are excited to bring our execution skills and experience to support ExxonMobil in this important venture.'

This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. More

Related News

Join 70,000 other oil and gas professionals

Network with others, build your profile, and receive the latest oil and gas news in your inbox. It's free!

Your details are never shared or sold. We hate spam too.

» More Jobs       » Upload a free Job       » Upload your CV

More Europe Jobs

More Global Jobs

Opinion & Commentary

  • Eight pieces of our oil price predicament
    A person might think that oil prices would be fairly stable. Prices would set themselves at a level that would be high enough for the majority of producers, so ...
  • Give us a break...
    I see that Oil & gas UK has been talking again about the need for George Osborne to ‘put his money where his mouth is’ (I paraphrase!) and change the fiscal terms operati ...
  • Why it's different this time
    Is this downturn in oil prices going to be different for investors? I think it might. In fact, I think North American energy companies have a good chance of withstanding th ...

» More Opinion & Commentary         » Write for us             RSS RSS

Oil & Gas Training

Mastering 4D Seismic
Ian Jack, London, 06 Nov 2014

Petroleum Geology of West Africa
Duncan Macgregor, London, 12 Nov 2014

Introduction to Contingency Planning: The value to oil and gas companies in high-risk areas
Mark Theobald, London, 18 Nov 2014

All Upcoming Training


Opinions & Commentary

Flash blog, Oil price, BG

by Malcolm Graham-Wood

Read More »