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Jacobs Wins UK Project

March 24, 2010 (FinancialWire) — Jacobs Engineering Group Inc. (NYSE: JEC) said that it has received a contract from Storengy UK Ltd. to provide engineering, procurement and construction management services for the above-ground infrastructure associated with the new gas storage facility located in Stublach, in the North West England ceremonial county of Cheshire.

Under the award, Jacobs will design and install new gas compression, gas treatment facilities, a control system and utilities for the project. The work will be executed from Jacobs' office in Manchester, England.

The overall project at Storengy's Stublach site is expected to expand the natural gas storage capacity up to 400 million cubic meters, making the facility one of the largest in the United Kingdom.

Operations at the new facility are scheduled to begin in 2013 with a total investment estimated at pounds Sterling 350 million GBP.

Storengy is the company of GDF SUEZ dedicated to the underground storage of natural gas.

California-based Jacobs is a provider of technical, professional, and construction services.

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