Tuesday, Jacobs Engineering Group Inc. (JEC) announced that it received a contract from Hyundai Engineering Co., Ltd. or HEC to license and design its proprietary SUPERCLAUS technology for a desulphurization unit at a new gas plant in Turkmenistan. The unit will be integral to the gas plant operated by state-owned Turkmengas, which produces, processes, and exports all gas reserves. Officials did not disclose the contract or investment values.
Jacobs introduced SUPERCLAUS technology in 1985 and now has over 200 units in operation. The technology nearly eliminates sulphur from the production process, resulting in cleaner fuels with minimal gaseous emissions and lower energy consumption.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.