The majority of the fabrication, assembly and load-out will be performed at the Gulf Marine Fabricators facility located in South Texas. Some components of the project will be fabricated at the Gulf Island, L.L.C facility located in Houma, Louisiana. Gulf Island, L.L.C. is also a wholly owned subsidiary of Gulf Island Fabrication, Inc. Gulf Marine expects to begin fabrication during the first quarter of 2007 and expects to deliver the project in the third quarter of 2008.
This project, included with several other projects awarded since the Company released backlog information on July 26, 2006, increases the Company's backlog to $344.0 million and 3.3 million man-hours remaining to work.
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