Willbros Awarded Offshore Contract
Willbros Group Inc. has been awarded an engineering, procurement and construction contract to design and construct a new export pipeline, flare line and associated facilities for Belbop Nigeria Limited's Auntie Julie platform in the Otuo Field, offshore Nigeria. The 14-inch export pipeline will connect to ChevronTexaco's Funiwa platform and enable Belbop to increase daily production to approximately 70,000 BOPD. Contract completion is scheduled for the second quarter 2003.
Michael F. Curran, president and chief executive officer, said, "Foreign investment continues to flow into the Nigerian oil and gas sector. This award is typical of the opportunities which exist in this important market for Willbros. Coupled with the increased investment in natural gas facilities and pipelines in Nigeria, we believe the outlook for our services in this region will continue to improve in the months ahead."