Jacobs wins Canadian oil sands engineering deals
Jacobs Engineering Group has received new contracts in the fourth quarter of fiscal 2011 from seven clients in the Alberta oil sands region of Canada to support steam assisted gravity drainage (SAGD) and bitumen upgrading expansion projects.
Officials estimate the combined total construction value of the awarded projects at more than $1.4 billion, the company said.
Project scopes include engineering procurement and construction (EPC), front-end engineering and design (FEED), fabrication and construction management (CM) on a variety of mid- and large-cap projects.
The construction values on each project range in value from $15 to more than $650 million.
Due to the competitive nature of the projects and strict client confidentiality, Jacobs said it could not provide specific details about the projects.
Jacobs, who has had a long-term presence in the Alberta oil sands region, is leveraging the industry leading in-situ heavy oil recovery and upgrading expertise of its offices in Calgary and Edmonton in Alberta, Canada, it said.
In making the announcement, Jacobs group vice president Chip Mitchell said: "The Alberta oil sands are a very important component of our business. Jacobs has a strong history in the area, and we are pleased to support our clients in these initiatives."
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