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Bechtel and Jacobs Awarded Proposed Refinery Expansion Project by Motiva

Houston, TX - August 3, 2006  Bechtel Corporation and Jacobs Engineering Group Inc. (NYSE:JEC) announced today that they were awarded a contract by Motiva Enterprises LLC (jointly owned by Saudi Refining, Inc. and Shell Oil Company) to provide engineering, procurement, and construction services for a proposed 325,000 barrel per day (BPD) refinery expansion at its Port Arthur, Texas, facility.
 
In making the announcement, Bechtel Oil, Gas & Chemicals President Bill Dudley said, “We are delighted to have been selected by Motiva to design and build this important expansion in the refining capacity of the United States. The project is of major importance to all stakeholders—industry as well as community. Its impact will be far reaching and we are committed to building a safe, reliable, state-of-the-art facility.”
 
Jacobs Group Vice President Pete Evans stated, “We are pleased about the opportunity to provide Motiva the proven resources of our two organizations to execute one of the largest refinery expansions ever undertaken in North America.  Our established working relationship and knowledge of the Port Arthur Refinery enables us to develop programs and approaches that are tailored to the unique aspects of this project. We look forward to continuing to be part of the Port Arthur community.”
 
Bechtel is one of the world’s premier engineering, construction, and project management companies. Since its founding in 1898, Bechtel has successfully completed more than 22,000 projects in 140 countries.
 
Jacobs, with over 42,000 employees and revenues approaching $7 billion, provides scientific, technical, professional, and construction services globally.
 
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