Global Offshore Mexico S. de R.L. de C.V., a subsidiary of Global Industries Ltd., has received a letter of intent from Pemex Exploration & Production to install three 20-in. diameter pipelines and nine 12-in. diameter pipelines as part of the EPC-77 project in the Cantarell field in Mexico's Bay of Campeche. The project will be completed by the end of 1Q 2005.

"The project will utilize our vesselsHercules, Shawnee, and Pioneer. This award reflects the significant level of project activity in the Bay of Campeche," William J. Doré, chairman and CEO, said.

04/05/04