Jacobs to Deliver Strategic Advisory and Program Management Services for UK's Carbon Capture, Usage and Storage Program

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].