DALLAS--(BUSINESS WIRE)--
Jacobs
Engineering Group Inc. (NYSE:JEC) announced today that it has been
awarded a contract from Shell
Offshore Inc. (RDS) for its Vito host project in the Gulf of Mexico.
Under the terms of the contract, Jacobs is delivering a front-end
engineering and design package and detailed engineering for the Vito
host platform topsides. Vito is located in over 4,000 feet of water in
the Mississippi Canyon area of the Gulf of Mexico. The Vito host will
initially handle production from the Vito subsea field being
subsequently developed, with potential for future tiebacks from other
fields.
In making the announcement, Jacobs Senior Vice President Petroleum and
Chemicals Manuel Junco stated, “We are delighted to continue our
long-standing, successful relationship with Shell. This project allows
us to leverage our experience with deep-water production systems and
will be a new lower cost design basis for Shell.”
Jacobs is one of the world’s largest and most diverse providers of
full-spectrum technical, professional and construction services for
industrial, commercial and government organizations globally. The
company employs 54,000 people and operates in more than 25 countries
around the world. For more information, visit www.jacobs.com.
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 2015 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.

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Source: Jacobs Engineering Group Inc.