DALLAS, July 11, 2018 /PRNewswire/ -- Jacobs Engineering
Group Inc. (NYSE:JEC) was awarded a feasibility study contract from
Equinor Energy AS to evaluate the possibilities for building a
hydrogen production plant, including CO2 capture and export
facilities, in Eemshaven, the
Netherlands. The hydrogen will be supplied as fuel to an
existing natural gas-fired power plant that will be converted into
a hydrogen-fueled power plant designed to lower the plant's carbon
emissions at a large scale.
The award of the feasibility study follows the Memorandum of
Understanding of Equinor, with its partners Vattenfall and Gasunie,
to evaluate the possibilities of converting Vattenfall's gas power
plant Magnum in Eemshaven into a hydrogen-powered plant.
"Getting the opportunity to work with Equinor to study the
possibilities of gas-to-hydrogen conversion and contribute to a
significant CO2 reduction is meaningful to Jacobs in many ways,"
says Jacobs Senior Vice President and General Manager Energy and
Chemicals EMEA David Zelinski. "The award enables us to leverage
our expertise in gas processing and aligns perfectly with our
vision to deliver innovative and sustainable solutions to our
clients."
Building on Jacobs' expertise in hydrogen, reformer technology
and CO2 capture, the study performed by Jacobs will
focus on the objective of selecting the most effective reformer
technology for hydrogen production together with a suitable
CO2 capture technology. Jacobs will also deliver the
conceptual design of the plant as a basis for economic evaluation
and further project definition.
In order to avoid CO2 emissions from the hydrogen
production process, up to three million tons per year of
CO2 will be captured and then liquefied for ease of
transportation to Norway, where it
will be injected and stored in an off-shore reservoir. The first of
three Magnum plant units should be converted to run on natural gas
by early 2024.
Jacobs leads the global professional services sector delivering
solutions for a more connected, sustainable world. With
$15 billion in fiscal 2017 revenue
when combined with full-year CH2M revenues and a talent force of
more than 77,000, Jacobs provides a full spectrum of services
including scientific, technical, professional and construction- and
program-management for business, industrial, commercial, government
and infrastructure sectors. For more information, visit
www.jacobs.com, and connect with Jacobs on LinkedIn, Twitter,
Facebook and Instagram.
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 29, 2017, 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.
For press/media inquiries:
Kerrie Sparks
214.583.8433
Brian Morandi
720.286.0719
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SOURCE Jacobs Engineering Group Inc.