New Jacobs Location Delivers Construction Services in Permian Basin

08/26/2014

PASADENA, Calif.--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) announced today the opening of its Odessa, Texas office and central equipment yard, which significantly enhances the company’s ability to provide construction and maintenance services to new and existing clients in West Texas.

Jacobs’ new location serves as the company’s central hub for Permian Basin field activities, including construction and maintenance of upstream facilities and pipelines.

Services include civil, mechanical, electrical, piping, instrumentation, and controls services for well pads, gathering systems, compressors, pumps, separators, gas plants, stabilizers, and pipelines. Jacobs is also in the process of selecting locations for satellite yards in the region to further support its clients on West Texas construction and maintenance projects.

In making the announcement, Jacobs Group Vice President Chip Mitchell stated, “We are very pleased to be right where our clients need us. Our Odessa location enables the growth and expansion of our skilled teams as we support the production and transmission of oil and gas in the Permian Basin.”

Jacobs is one of the world's largest and most diverse providers of technical professional and construction services. Jacobs takes an integrated approach to engineering, construction and continued maintenance that offers excellent value, quality, and innovation to its clients around the globe.

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. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2013 Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We do not undertake to update any forward-looking statements made herein.

Source: Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc.

Michelle Jones, 626-578-6968

Statements that are not based on historical fact are forward-looking statements.   Although such statements are based on management’s current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain.  We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements.

For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2009 Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We caution readers that we do not undertake to update any forward-looking.