Jacobs Wins Project Services Contract From ConocoPhillips; Value Not Disclosed

(RTTNews) - Jacobs Engineering Group Inc. (JEC) Tuesday announced that it received a contract from ConocoPhillips Co. (COP) to provide engineering, procurement and construction services for projects across the lower 48 states of the U.S. The company did not disclose the contract value. The contract is a three year program with options to extend it for an additional four years.

The provider of technical professional and construction services.noted that its scope of work under the terms of the contract includes front end studies and engineering, procurement and construction management or EPCM services for a range of ConocoPhillips projects.

Jacobs Group Vice President Chip Mitchell stated, "We are pleased to expand our relationship with ConocoPhillips by leveraging our experience and capabilities to support their business goals in the Lower 48 through this project services contract."