Jacobs Engineering Group Inc. (NYSE: JEC) announced today it received a contract from PETRONAS, the state-owned oil company of Malaysia, to develop a basic engineering package for three sulfur recovery units (SRUs).
Officials did not disclose the contract value, however noted the basic engineering services are being provided from Jacobs’ Leiden office in The Netherlands.
Jacobs is licensing its proprietary SUPERCLAUS®technology to PETRONAS for the SRU project. Jacobs introduced the SUPERCLAUS technology in 1985; there are now over 200 licensed units in operation worldwide. The technology offers a number of highly valued performance features in areas such as reliability, sulfur recovery levels, sulfur emissions reduction and simple continuous operation. PETRONAS’ new, three-train sulfur plant is part of the Refinery and Petrochemical Integrated Development (RAPID) Project site in the state of Johor, Malaysia.
Through RAPID, PETRONAS is establishing an optimally configured, integrated refinery and petrochemical complex that focuses on production of high, value-added petrochemicals. This involves building a refinery to supply naphtha and to produce gasoline and diesel that meet European clean fuels specifications. The petrochemical complex is designed and developed to produce ethylene and olefins that are used in downstream plants to produce petrochemical derivatives.
Jacobs Group Vice President Robert Matha stated, "We are very pleased to work again with PETRONAS and to provide our technology in support of its goals for long-term growth.”
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