In 12-inch skillet, heat olive oil over medium heat and brown chicken. Remove chicken and set aside.
In same skillet, stir in pasta sauce and water. Bring to a boil over high heat. Stir in uncooked linguine and return to a boil. Reduce heat to low and simmer covered, stirring occasionally, 15 minutes or until linguine is tender.
Stir in cream and basil. Return chicken to skillet and cook 5 minutes until chicken is thoroughly cooked.