Seattle Seawall Construction Contract for Jacobs
Jacobs Engineering Group Inc. has been awarded a contract from the Seattle Department of Transportation (SDOT) for Construction Management Services on the Elliott Bay Seawall Project (EBSP) in Seattle, Wash. Officials estimate the construction value to be $300 million for Phase 1 of the project. Under the terms of the contract, Jacobs is managing the construction of approximately 3,700 feet of new seawall infrastructure in an urban waterfront area that supports public recreation, tourism and commerce. Jacobs’ scope of work includes oversight, inspection, monitoring, coordination and documentation of the project. The EBSP replaces the…
Aker Solutions Q1 Results 2011
6 May 2011 - Aker Solutions' operating revenues in the first quarter of 2011 were NOK 12 billion, and earnings before interest, tax, depreciation and amortisation amounted to NOK 1.8 billion, including profit from asset sales and non-recurring items. "The streamlining of our business is nearly complete, and Kvaerner is scheduled to be listed on the Oslo Stock Exchange in July. Solid first quarter earnings and gains from strategic asset divestments have generated a NOK 1 billion net cash position.
Jacobs Acquires Engineering Firm
Jacobs Engineering Group Inc. has acquired W.H. Linder & Associates, Inc., an upstream/offshore engineering firm based in Metairie, La.; and Houston, Texas. Officials did not disclose the terms of the acquisition. Linder is a full-service, multidisciplinary consulting engineering firm with over 300 people and 25 years of experience in the upstream/offshore market. They offer a comprehensive suite of engineering and support services; with their core services tailored to the oil & gas sector. Jacobs operates from two major locations on the U.S. Gulf Coast (Houston and Baton Rouge), and serves their oil, gas, refining, chemical, and aerospace clients from those locations.
