Willbros Awarded EPC Contract

Willbros Group's Oman subsidiary, The Oman Construction Company, has been awarded an engineering, procurement and construction (EPC) contract for multiple pipelines in the Lekhwair field area to be installed for a long-standing client, Petroleum Development Oman (PDO). The project is for five 16-inch pipelines totaling 88 kilometers in length. Work is expected to begin immediately on engineering and procurement activities, with the construction activities starting in early 2004. The project is scheduled for completion in September 2004.

In addition, Willbros' operating unit in Nigeria, Willbros West Africa, has recently signed a letter of intent with Addax Petroleum Development, a contractor to the Nigerian National Petroleum Company, for an EPC contract for the installation of shallow water platforms and four pipelines. Together, these two EPC projects amount to more than $40 million in awards.

Michael F. Curran, Chief Executive Officer of Willbros, commented, "These projects were competitively bid and were not included in the "highly confident" category, amounting to $75-100 million, we discussed during our recent conference call. Our EPC capabilities continue to provide Willbros with the right opportunities. We have a long and successful history working in both Oman and Nigeria. Every project is important to our clients and we are pleased that they have again selected us to provide complete services from design through commissioning."