Saudi Aramco & Jacobs Create Joint Venture for Social Infrastructure Program Management Throughout Saudi Arabia & Across Region
20 Mai 2017 - 4:30AM
Business Wire
Saudi Aramco entered into an agreement today with Jacobs
(NYSE:JEC) to form a Saudi Arabia-based joint venture company to
provide professional program and construction management (PMCM)
services for social infrastructure projects throughout the Kingdom
and across the Middle East and North Africa. Jacobs’ presence in
Saudi Arabia spans more than 40 years.
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Jacobs Chairman and CEO Steve Demetriou said, “Our joint venture
exemplifies the power of bringing together Saudi Aramco and Jacobs
as an effective economic catalyst to support the Kingdom’s Vision
2030. The new company combines Jacobs’ industry-leading
capabilities and our joint project delivery skills to help
transform social infrastructure in this rapidly changing
region.”
The new company’s services will include a full-spectrum of
professional PMCM activities, with expertise in supporting all
phases of the project lifecycle for social infrastructure projects.
The company will advance training and help create quality jobs for
Saudi nationals through the development of a sustainable and
competitive program.
About Saudi Aramco
Saudi Aramco is a world leader in integrated energy and
chemicals. We are driven by the core belief that energy is
opportunity. From producing approximately one in every eight
barrels of the world’s crude oil supply to developing new energy
technologies, our global team is dedicated to creating positive
impact in all that we do. We focus on making our resources more
sustainable and more useful. This promotes long-term economic
growth and prosperity around the world.
About Jacobs
Jacobs is one of the world’s largest and most diverse providers
of full-spectrum technical, professional and construction services
for industrial, commercial and government organizations globally.
The company employs over 54,000 people and operates in more than 25
countries around the world. For more information, visit
www.jacobs.com.
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 Jacobs’ Form 10-K for the year ended September 30,
2016, 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 as well as the Jacobs’ other filings with the
Securities and Exchange Commission. We do not undertake to update
any forward-looking statements made herein.
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version on businesswire.com: http://www.businesswire.com/news/home/20170519005718/en/
Saudi Aramco International Media
Relationsinternational.media@aramco.comorJacobs VP Global
CommunicationsMendi HeadMendi.Head@jacobs.com
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