Press Release May 24, 2017

Jacobs Wins Contract to Support Nexen Energy Operations in Western Canada

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DALLAS--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) has been awarded a multi-year contract to provide engineering and procurement services for Nexen Energy ULC to support its operations in Western Canada.

“This contract enables Jacobs to build on its long-standing, successful relationship with Nexen,” said Jacobs Senior Vice President Upstream Oil & Gas Bassim Shebaro. “Jacobs’ extensive oil and gas experience played a key role in the decision and underscores the leading market position we continue to maintain in providing professional services to the oil and gas sector in Canada and around the globe.”

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 over 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 Form 10-K for the year ended September 30, 2016, 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170524005192/en/

Source: Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc.



Salim Rahimi, 214.583.8428