Horizon Wins Another Gulf of Mexico Pipeline Project

Horizon Offshore, Inc. has been awarded a contract by Williams Oil Gathering, LLC to install 49.96 miles of 20-inch oil pipeline in the U.S. Gulf of Mexico for the Mountaineer Shallow Water Pipeline System, which is a part of the Devils Tower project being constructed by Williams. Horizon will utilize the pipelay barge Lone Star Horizon and lay/bury barge Pecos Horizon for this project, which will be installed in water depths ranging from 8 to 270 feet. The Mountaineer project is expected to commence installation during the fourth quarter of 2002 with completion scheduled during the first quarter of 2003.

"We are pleased to be awarded this contract. This award coupled with the Cameron Highway award previously announced demonstrates our commitment to provide superior service to our clients," stated Bill Lam, president and chief executive officer of Horizon Offshore.