Jacobs Signs THIOPAQ O&G Sulfur Recovery Technology Licensor Agreement with Paqell

Delivering high sulfur recovery efficiency, installation and operating
cost reduction, and chemical waste elimination

DALLAS–(BUSINESS WIRE)–Jacobs
Engineering Group Inc. (NYSE:JEC) signed a sulfur recovery
technology licensor agreement with Paqell,
a joint venture between Shell
Global Solutions and Paques
BV, for use of its THIOPAQ O&G (Oil and Gas) technology in
refineries and gas treating facilities across the globe. This agreement
positions Jacobs as the only gas treating and sulfur recovery licensing
company to license THIOPAQ O&G to low capacity sulfur facility owners,
providing a reduced capital expenditure (CAPEX) operational expenditure
(OPEX) option, which eliminates the chemical waste produced by
alternative technologies.

THIOPAQ O&G is a biological process which integrates gas purification
with sulfur recovery in a single unit, resulting in high sulfur recovery
levels at reduced installation and operating costs. This process
involves sulfur components, such as mercaptans (R-SH) and hydrogen
sulfides (H2S), being removed from a gas stream and
converting them into biologically formed sulfur. Expanding Jacobs’ Comprimo®
Sulfur Solutions technology portfolio, this biological process is
becoming increasingly important to the industry as it looks for ways to
reduce chemical waste which pose both environmental and safety hazards.

“Refining and gas treating facility owners and operators require
reliable technology that delivers low CAPEX and OPEX, provides high
sulfur recovery efficiency, and minimizes environmental impact,” said
Jacobs Mining & Minerals and Specialty Chemicals Senior Vice President
and General Manager Andrew Berryman. “THIOPAQ O&G meets all of these
business objectives, making it the perfect addition to Jacobs’ Comprimo
Sulfur Solutions technology portfolio.”

Jacobs' Comprimo Sulfur Solutions provides licensing, engineering,
procurement and construction services to gas treating and sulfur
recovery plants around the world, such as adding new units, increasing
sulfur recovery efficiency, adding more processing capacity through gas
treating enrichment or oxygen enrichment, and conducting sulfur
degassing and handling.

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.

Contacts

Jacobs Engineering Group Inc.
Salim Rahimi, 214.583.8428