Researchers have been following Jacobs Engineering Inc. and its recent contracts in the energy sector.
On March 14, Industrial Info Resources announced the Dallas-based company recently acquired business with "top dollar" contracts in the oil and gas and chemical processing industries, according to a news release.
Industrial Info Resources stated that Jacobs Engineering Inc. has been responding to the demand in services within the methanol and crude oil exploration markets, which have been undergoing changes in recent times. Industrial Info Resources claims it's currently tracking around $94 billion in active projects involving the company.
Contracts include The Chemours Co., Oil Search Ltd., Royal Dutch Shell and Athabasca Oil Sands Corp.