Jacobs Engineering Group Inc.
(NYSE:JEC) announced today that it was awarded a contract from BP Exploration Operating Company Ltd. to support its intervention project at the Sullom Voe Terminal, Shetland Island, Scotland.
BP officials estimate the total installed cost for the project to be up to $200 million over four years.
Under the terms of the contract, Jacobs is providing project management, engineering and construction for extensive fabric maintenance works, tankage and process unit turnarounds; plus additional projects focused on improving the condition and reliability of the terminal in anticipation of increased production demand that is expected to result from field development in the West of Shetland area.
Jacobs Group Vice President Bob Irvin stated, “We are delighted to be working in close collaboration with BP on this significant project to help drive increased performance at the Sullom Voe Terminal. We look forward to using our local and global terminal experience to deliver the planned improvements to the terminal.”
One of the largest oil and gas terminals in Europe,
BP’s Sullom Voe Terminal
is entirely self-sufficient and handles oil and gas from more than 30 surrounding fields. The terminal’s dedicated processing, storage and loading facilities handle oil from mature and continually emerging offshore fields from both the East and, more recently, West of Shetland.
Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.
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