August 8, 2018 - 7:45 AM EDT
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Jacobs Selected by Keyera for Phase Two of Wapiti Gas Plant Expansion

DALLAS, Aug. 8, 2018 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC) was awarded a contract for engineering services for Keyera's Wapiti Gas Plant Phase Two expansion, adding 150 million cubic feet per day of sour gas processing to the plant currently under construction near Grande Prairie, Alberta, Canada. Keyera estimates construction of this second phase to be complete mid-2020 at a total installed cost of $150 million.

Jacobs engineered the Wapiti Gas Plant Phase One and will now design a second train, expanding Keyera's capacity in the liquids-rich Montney region of northwestern Alberta. Investment is growing in this area as Keyera develops critical assets and infrastructure contributing to the economic sustainability of the region.

"Keyera operates one of the largest independent midstream energy companies in Canada, is a cornerstone client for Jacobs in Alberta, and we are committed to supporting their Wapiti Development project," said Jacobs Energy, Chemicals and Resources President Vinayak Pai. "This contract builds on Keyera's already impressive gas gathering and processing business in the midstream industry in Canada."

At full build-out of both phases of the project, the new facility is expected to process up to 300 million cubic feet of sour gas and 25,000 barrels of field condensate per day.

Jacobs will support this project from its Calgary office, which represents the company's center of excellence in North America for natural gas liquids, gas treating and processing and sulfur solutions, delivering innovation and value for its upstream and midstream clients.

Keyera services oil and gas producers in Western Canada and markets natural gas liquids such as propane, ethane, butane, condensate and iso-octane to markets throughout North America.

Jacobs leads the global professional services sector delivering solutions for a more connected, sustainable world. With $15 billion in fiscal 2017 revenue when combined with full-year CH2M revenues and a talent force of more than 77,000, Jacobs provides a full spectrum of services including scientific, technical, professional and construction- and program-management for business, industrial, commercial, government and infrastructure sectors. For more information, visit www.jacobs.com, and connect with Jacobs on LinkedIn, Twitter, Facebook and Instagram.

Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management's current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our Form 10-K for the year ended September 29, 2017, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We do not undertake to update any forward-looking statements made herein.

For press/media inquiries:
Kerrie Sparks
214.583.8433

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SOURCE Jacobs Engineering Group Inc.


Source: PR Newswire (August 8, 2018 - 7:45 AM EDT)

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