Jacobs Engineering Group Inc.: Sasol Group Technology Selects Jacobs Matasis JV for Project Management Services

Tickers: JEC
DALLAS--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC), through its South African joint venture Jacobs Matasis (Proprietary) Limited, was awarded a two-year agreement with Sasol Group Technology for project management services and specialized resources. Sasol is one of South Africa's largest investors in capital projects, skills development and technological research and development. Sasol Group Technology manages Sasol's research and development, engineering services and capital project execution portfolios.

As part of this agreement, which follows a previous four-year deal, Jacobs Matasis will continue to provide project management services and specialized resources in disciplines of engineering, safety management, construction management and quality management, as well as project controls services for the execution of Sasol's small projects.

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'The demonstrated experience of our team in South Africa has been instrumental in building a robust partnership with Sasol over the past years,' said Jacobs Petroleum and Chemicals Senior Vice President and General Manager Global Operations Mark Bello. 'We look forward to continue delivering safe and innovative services to assist Sasol with its goal of securing the supply of energy and chemicals in the region.'

Jacobs Matasis (Pty) Ltd., headquartered in Johannesburg, is jointly owned by Jacobs and Matasis Investments (Pty) Ltd. The company provides engineering, technical, professional and construction services to the Oil & Gas, Chemicals, Mining, Consumer Products and Heavy Process industries in Southern Africa.

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 our 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. We do not undertake to update any forward-looking statements made herein.

View source version on businesswire.com: http://www.businesswire.com/news/home/20171012005005/en/

Source: Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc. published this content on 12 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 12 October 2017 11:49:08 UTC.

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