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Shell Extends Jacobs’ Mechanical Maintenance and Turnarounds Contract in Alberta

 February 6, 2018 - 7:45 AM EST

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Shell Extends Jacobs’ Mechanical Maintenance and Turnarounds Contract in Alberta

DALLAS

Contract builds on momentum in maintenance and turnarounds in North
America this past year

Jacobs
Engineering Group Inc.
(NYSE:JEC) received a five-year contract
renewal from Shell
Canada Limited
to provide mechanical maintenance and turnaround
services on the company’s Scotford site located in Fort Saskatchewan,
Alberta, Canada. Employing approximately 300 full-time personnel on the
site, Jacobs will continue to provide mechanical maintenance and
turnaround services for the full facility.

“Jacobs has been safely delivering mechanical maintenance and turnaround
solutions to Shell at their Scotford site for three and half decades,”
said Jacobs Construction, Maintenance and Turnarounds Senior Vice
President and General Manager Stephen Hillier. “As we begin this
five-year renewal contract, we will continue to innovate and support the
successful operations at Scotford and help provide employment
opportunities to the Fort Saskatchewan community.”

This contract award builds on Jacobs momentum of securing several
significant maintenance and turnarounds contracts in North America this
past year; including a three-year contract to execute maintenance,
turnarounds and small capital construction at five sites for a
multinational fertilizer company; two five-year multiple use contracts
to support four petroleum facilities; a five-year mechanical maintenance
contract extension for a synthetic crude oil producer; a four-year
contract extension to provide maintenance, product handling and
packaging services for a specialty chemicals company; a four-year
contract to perform small capital construction for seven chemical
plants; and a five-year contract to deliver small capital construction,
ongoing maintenance and turnaround execution at a production facility.

Jacobs leads the global professional services sector delivering
solutions for a more connected, sustainable world. With $15 billion in
combined revenue and a talent force more than 74,000 strong, Jacobs
provides a full spectrum of services including scientific, technical,
professional and construction- and program-management for business,
industrial, commercial, government and infrastructure sectors. 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 Form 10-K for the year
ended September 29, 2017, 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.

Jacobs Engineering Group Inc.
Kerrie Sparks, 214-583-8433

Source: Business Wire
(February 6, 2018 - 7:45 AM EST)

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