DALLAS, Feb. 22, 2022 /PRNewswire/ -- Jacobs
(NYSE:J) has been appointed by PT Geo Dipa Energi (Persero) (GDE)
as Subsurface Project Management Consultant for the expansion of
the Dieng and Patuha geothermal power plants in Java, Indonesia. The development will increase
the power generation output of the Dieng and Patuha geothermal
fields from 110 megawatts (MW) to 220 MW and help expand renewable
power generation in support of Indonesia's transition toward a cleaner energy
future.
Jacobs will undertake the geoscientific study of the geothermal
resource, including the review of conceptual reservoir model and
development strategy, well targeting, geological prognosis, and
well programming, as well as the development of the drilling
strategy and drilling risk mitigation. During the program, Jacobs
will also provide technical knowledge on geothermal resource
utilization and build on the lessons learned from previous drilling
campaigns for Dieng and Patuha.
"Jacobs has a proven history in successfully delivering
geothermal development projects in Indonesia as well as across the globe over the
last 40 years," said Jacobs Senior Vice President and General
Manager Keith Lawson. "This project
is a great opportunity for us to continue to support GDE in
harnessing Indonesia's geothermal
resources to meet a cleaner, more sustainable, and efficient energy
future and help attract additional investment in the geothermal
sector in Indonesia."
The power plants are the first geothermal projects that are
financed by the Asian Development Bank under a direct lending
scheme. The project will provide job opportunities to the local
communities, renewable electricity to the Java-Bali
network, and reduce carbon emission by more than 700,000 tons per
year, as compared to power plants sourced from fossil energy.
"This is a strategic project that can help meet the people's
need for clean energy. It will have a positive impact on the social
and economic aspects, especially for the surrounding areas," said
GDE President Director Riki Firmandha Ibrahim. "This is a good
opportunity for Jacobs to play a big role in driving positive
changes in Indonesia."
At Jacobs, we're challenging today to reinvent tomorrow by
solving the world's most critical problems for thriving cities,
resilient environments, mission-critical outcomes, operational
advancement, scientific discovery, and cutting-edge manufacturing,
turning abstract ideas into realities that transform the world for
good. With $14 billion in revenue and
a talent force of approximately 55,000, Jacobs provides a full
spectrum of professional services including consulting, technical,
scientific, and project delivery for the government and private
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forward-looking statements as such term is defined in Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, and such statements
are intended to be covered by the safe harbor provided by the same.
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,
including, but not limited to, the impact of the COVID-19 pandemic,
including the emergence and spread of variants of COVID-19, the
efficacy and availability of vaccines and treatments, and the
related reaction of governments on global and regional market
conditions and the company's business. For a description of some
additional factors that may occur that could cause actual results
to differ from our forward-looking statements, see the discussions
contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 -
Legal Proceedings; and Item 7 - Management's Discussion and
Analysis of Financial Condition and Results of Operations in our
most recently filed Annual Report on Form 10-K, ,and Item 2 -
Management's Discussion and Analysis of Financial Condition and
Results of Operations; Item 1 - Legal Proceedings; and Item 1A -
Risk Factors in our most recently filed Quarterly Report on Form
10-Q,, as well as the company's other filings with the Securities
and Exchange Commission. The company is not under any duty to
update any of the forward-looking statements after the date of this
press release to conform to actual results, except as required by
applicable law.
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Kerrie Sparks
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SOURCE Jacobs