Jacobs Joint Venture Receives Letter of Intent from Oil Sear
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This news is classified in: Traditional Energy Oil and Gas

Feb 20, 2017

Jacobs Joint Venture Receives Letter of Intent from Oil Search for Facilities in Papua New Guinea

Jacobs Engineering Group Inc. in a joint venture with Monadelphous Group Limited has received a letter of intent from Oil Search Limited to enter into a new proposed five year contract to provide engineering, procurement and construction (EPC) services for oil and gas production facilities in the Highlands of Papua New Guinea (PNG).

The joint venture is expected to provide a wide range of brownfield project services, including engineering, procurement, civil, mechanical and electrical works on pipelines, utilities, facilities and supporting infrastructure.

“We expect to contribute significant value to this strategically important project by leveraging our previous experience in providing engineering services to Oil Search in Papua New Guinea,” said Jacobs Senior Vice President Andrew Berryman. “In particular, we recognize a key focus is to increase the efficiency of Oil Search’s brownfield project program through optimised constructability input during the design phase.”

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Jacobs Engineering Group Inc.