Offshore staff

(Houston) -- A contract for engnieering, procurement, construction, and installation of two wellhead platforms and pipelines as part of Al Khaleej Gas Development Phase 2 offshore Qatar was awarded by ExxonMobil Middle East Gas Marketing Ltd. to a subsidiary of J. Ray McDermott S.A.

The contract, valued at more than $300 million, is for two remote, unmanned wellhead platforms, WH10 and WH11. McDermott prevously was awarded the jackets. The intrafield pipeline included in the new contract will connect the platforms with 38-in. wet gas expoert trunklines.

The platforms will be connected to RasGas Alpha Complex by two separate power and fiber optic subsea cables.

Construction is scheduled to being in May 2007 at McDermott's Jebel Ali yard with installation scheduled for completion in 2009. Engineeering also will be at Jebel Ali.

7/17/06