AUSTRALIA

APLNG deal to boost Jacobs' global growth

NEW YORK-listed technical services provider Jacobs' recent multi-year contract from ConocoPhillips to support Australia Pacific LNG's capital program is set to augment its "tangible and intangible" resource base globally, Zacks Equity Research says.

Anthony Barich

APLNG deal to boost Jacobs' global growth

The deal for Jacobs, which has a $US5.32 billion market capitalisation, can be extended for four more years. "Although the value of the contract was not disclosed, it is expected to aid Jacobs' organic...

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