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Jacobs Engineering Group Incorporated (NYSE:JEC) (Dallas, Texas), Bechtel Corporation (San Francisco, California) and KBR Incorporated (NYSE:KBR) (Houston, Texas) are among the leading firms for engineering, procurement and construction (EPC) services that have picked up a solid number of contracts in 2018 for projects directly or indirectly related to North America’s rapidly growing Oil & Gas and Chemical Processing industries. Industrial Info is tracking billions of dollars’ worth of projects involving these and other prominent U.S.-based EPC companies, both domestically and internationally.

IIR's indicator for new construction and maintenance activity captured in the Realization Rate assessed for global Energy markets, as well as the Chemical and Metals & Minerals industries, shows downward movement in terms of the percentage of realization of projects moving into construction. For fourth-quarter 2018, the overall realization rate for the combined industries is 32.6%, down from 34% in fourth-quarter 2017. Projects moving forward this year total $1.15 trillion, compared with $1.17 trillion in 2017, showing a slight 0.2% decrease in activity from the previous year.