Jacobs Receives Three Framework Contracts From Eni for Front-End Engineering Services

PASADENA, Calif., Feb 10, 2009 /PRNewswire-FirstCall via COMTEX/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received three framework contracts from Eni S.p.A. (Eni) to provide multidisciplinary, front-end engineering services to three of Eni's operating units: Refining and Marketing, Exploration and Production, and Polimeri Europa.

Officials did not disclose the contract values, yet noted that each has a 3-year duration.

Eni is a major integrated energy company operating in the oil and gas, electricity generation and sale, petrochemicals, and oilfield services construction and engineering industries. The company is active in 70 countries and has a staff of about 76,000 employees.

Jacobs will develop extended basic design packages and cost estimates for some Eni projects and will execute the work from its office in Milan, Italy.

In making the announcement, Jacobs Group Vice President Robert Matha stated, "We are very excited to develop new relationships with Eni. Our values and global presence are very similar and we are enthusiastic to provide extensive support of its critical operations in sectors where Jacobs is also a leader. We are committed to delivering high-quality services and confident that we will add value to Eni's position as an international market leader."

Jacobs, with over 55,000 employees and revenues exceeding $12.0 billion, provides technical, professional, and construction services globally.

Any statements made in this release 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 2008 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 also caution the readers of this release that we do not undertake to update any forward-looking statements made herein.

For additional information contact:
Michelle Jones
626.578.6968

SOURCE Jacobs Engineering Group Inc.

http://www.jacobs.com