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Jacobs to Deliver Strategic Advisory and Program Management Services for UK's Carbon Capture, Usage and Storage Program
Prnewswire· 2024-10-03 08:00
Core Viewpoint - Jacobs has been appointed by the U.K. Department for Energy Security & Net Zero to provide technical project management support for the Carbon Capture, Usage and Storage (CCUS) program, which is crucial for the U.K.'s goal of achieving a net-zero economy by 2050 [1][2]. Group 1: CCUS Program Details - The CCUS program aims to decarbonize industry, generate low-carbon energy, and enable large-scale low-carbon hydrogen production [2]. - The initiative will create "clusters" of industrial, power, and hydrogen projects around transport and storage infrastructure, facilitating the low-carbon transformation of the U.K.'s industrial base [2]. Group 2: Jacobs' Role and Services - Jacobs will provide technical project management, strategic and change management advisory services, data solutions, and risk and quality management for the CCUS program [3]. - The company will also support the Hydrogen and Industrial Carbon Capture program, offering advisory consultancy, end-to-end innovation, design, and analytics in collaboration with PA Consulting [3]. Group 3: Contract and Duration - The contract with the U.K. Department for Energy Security & Net Zero is for an initial term of two years, with an option to extend for up to two additional one-year periods [4]. Group 4: Strategic Importance - CCUS is viewed as a vital enabler for a diverse mix of decarbonization and energy transition solutions necessary to meet net-zero ambitions and enhance the U.K.'s future energy security [5]. - Jacobs brings extensive experience in CCUS projects and critical infrastructure, contributing to the development and scaling of deployment in this emerging market [5]. Group 5: Jacobs' Broader Portfolio - Jacobs' portfolio in decarbonization and energy transition includes strategic route options for the U.K.'s National Gas, a Long-Duration Underwater Energy Storage Pilot with BaroMar, and collaboration with Fortescue Future Industries on renewables and hydrogen projects [5]. - The company is also the program manager for the ARCHES Hydrogen Hub in California, showcasing its global experience in complex, multi-stakeholder infrastructure projects [5]. Group 6: Company Overview - Jacobs operates with a team of approximately 45,000, providing end-to-end services across various sectors including advanced manufacturing, energy, environmental, and transportation [6]. - The company focuses on creating a more connected and sustainable world through its comprehensive service offerings [6]. Group 7: Ownership Structure - Jacobs holds a 65% stake in PA Consulting, with the remaining 35% owned by PA employees, allowing both entities to operate independently while serving clients [7].
Jacobs to Deliver Data-Driven Operations and Maintenance of California Wastewater Infrastructure
Prnewswire· 2024-10-02 11:45
Core Insights - Jacobs has secured a five-year contract with Lincoln-Sewer Management District 1 Wastewater Authority to enhance its digital and data-driven solutions for wastewater services [1][2] - The company will manage and operate LiSWA's wastewater treatment and reclamation facility, integrating existing staff into its operations [2][3] - Jacobs aims to improve biosolids management and expand the capacity of biosolids drying greenhouses to enhance operational resilience [3] Company Capabilities - Jacobs offers a comprehensive suite of digital solutions, including the Intelligent O&M, to ensure safe and compliant wastewater services for over 74,000 residents [3] - The company has extensive experience in critical infrastructure projects across California, including the Pure Water Project and the Los Angeles World Airports Capital Improvement Program [4] Strategic Importance - The partnership with LiSWA is expected to provide significant benefits, leveraging Jacobs' expertise to meet tightening state regulations [3][4] - The retention of skilled staff during the transition is viewed positively by LiSWA, indicating a smooth operational integration [4]
Jacobs Advances Strategic Transformation with Completion of Previously Announced Spin-off and Merger
Prnewswire· 2024-09-27 20:40
Jacobs retains its innovative, next-generation data solutions and digital technologies business Newly streamlined portfolio enables company to focus on distinct strategies in advanced manufacturing, cities & places, energy, environmental, life sciences, transportation and water DALLAS, Sept. 27, 2024 /PRNewswire/ -- Jacobs (NYSE: J) announced today the completion of the spin-off of its Critical Mission Solutions and Cyber & Intelligence government services businesses (the "Separated Business") and merger wi ...
Why Jacobs Solutions (J) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-09-27 14:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zac ...
Jacobs Chosen to Manage $227M LIRR Station ADA Upgrade Project
ZACKS· 2024-09-26 16:56
Jacobs Solutions, Inc. (J) is set to act as a program management consultant for the New York Metropolitan Transportation Authority's ("MTA") Long Island Rail Road (LIRR) station improvements project. Per the deal, Jacobs' experts will provide program management services, overseeing construction and commercial management, design compliance and risk identification. The design-build contract aims to bring LIRR's Babylon, Forest Hills, and Hollis stations into compliance with the Americans with Disabilities Act ...
Jacobs Appointed Program Management Consultant for Long Island Rail Road Stations Improvement Project
Prnewswire· 2024-09-25 11:45
Modernizing aging infrastructure for three of New York City's busiest stations DALLAS, Sept. 25, 2024 /PRNewswire/ -- Jacobs (NYSE:J) was selected by the New York Metropolitan Transportation Authority (MTA) as the program management consultant for the Long Island Rail Road (LIRR) station improvements project. Focused on keeping passengers safe and supporting MTA's on-time service commitments, Jacobs will provide program management services, overseeing construction and commercial management, design complianc ...
Jacobs Solutions (J) is a Top-Ranked Value Stock: Should You Buy?
ZACKS· 2024-09-13 14:46
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks St ...
Jacobs Solutions Announces Record Date and Distribution Date for the Spin-Off of Its Critical Mission Solutions and Cyber & Intelligence Government Services Businesses
Prnewswire· 2024-09-13 12:05
Record date set for September 23, 2024 Distribution date and closing date for spin-off and merger with Amentum set for September 27, 2024 Amazon Holdco Inc. to be renamed "Amentum Holdings, Inc.," effective as of the completion of the spin-off and merger DALLAS, Sept. 13, 2024 /PRNewswire/ -- Jacobs (NYSE:J) announced today that its Board of Directors has set the close of business on September 23, 2024, as the record date for the spin-off distribution of its Critical Mission Solutions and Cyber & Intelligen ...
Michael Collins Appointed to Jacobs Board of Directors
Prnewswire· 2024-09-06 11:50
Further strengthening advisory and consulting Board acumen DALLAS, Sept. 6, 2024 /PRNewswire/ -- Jacobs (NYSE:J) announced today the election of Michael Collins to its Board of Directors, effective September 23, 2024. Michael CollinsMichael Collins Collins is currently a Partner and most recently served as the Chief Operating Officer at global management consulting firm Bain & Company, previously serving as Chief Financial Officer. Since joining Bain in 1992, he has worked with management teams to develop a ...
Bob Pragada Appointed Chair of Jacobs Board of Directors; Louis Pinkham Named Lead Independent Director
Prnewswire· 2024-09-06 11:45
DALLAS, Sept. 6, 2024 /PRNewswire/ -- Jacobs (NYSE:J) announced today that Bob Pragada, Jacobs' CEO, has been appointed to the additional position of Chair of the Board effective upon close of the separation of its Critical Mission Solutions and Cyber and Intelligence businesses. Pragada becomes the fourth Chair in the company's history. Steve Demetriou, who has served as Chair since 2016, will be joining Amentum as their new Executive Chair following the separation, where he will bring his wealth of experi ...