Horizon secures work in Mexico

Horizon Offshore, Inc. says Pemex has issued a letter of award to its subsidiaries, HOC Offshore S. de R.L. de C.V. and Horizon Offshore Contractors, Inc. for the Package 'J' pipelines on the KU-MALOOB-ZAAP project offshore Mexico.

Offshore staff

(Mexico) - Horizon Offshore, Inc. says Pemex has issued a letter of award to its subsidiaries, HOC Offshore S. de R.L. de C.V. and Horizon Offshore Contractors, Inc. for the Package 'J' pipelines on the KU-MALOOB-ZAAP project offshore Mexico.

The contract calls for the installation, tie-in and associated commissioning of five pipelines on the KU-MALOOB-ZAAP project in the Bay of Campeche. Horizon will mobilize its lay bargeLone Star Horizon and a DP2 vessel to perform the work.

Engineering and procurement of the 20-in. and 24-in. diameter pipelines will begin in February 2006 followed by construction in May. In addition, the company also received a change order on its existing commitment with Pemex on the same project.

David Sharp, president and CEO of Horizon Offshore commented, "We believe that there will continue to be excellent opportunities offshore Mexico. The award of this contract, as well as the significant change order for our current project with Pemex, reflects the confidence they have in our project execution. Working for Pemex is a key part of our business plan. This award brings our current backlog to over $315 million.''

02/02/06

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