Jacobs Engineering Group Inc. (NYSE: JEC) has been awarded a contract from Shell Offshore Inc. (NYSE: RDS.A) for its Vito host project in the Gulf of Mexico (GoM).
Under the terms of the contract, Jacobs is delivering a FEED package and detailed engineering for the Vito host platform topsides.
Vito is located in more than 4,000 feet of water in the Mississippi Canyon area of the GoM. The Vito host will initially handle production from the Vito subsea field being subsequently developed, with potential for future tiebacks from other fields.
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