Willbros Group, Inc. (NYSE: WG) announced today that its Upstream Oil & Gas segment has been selected by CB&I to provide engineering, procurement and construction (EPC) of 45 miles of export pipelines associated with a new gas processing plant to be owned and operated by Occidental of Elk Hills, Inc. CB&I has been awarded the engineering, procurement and construction of the new processing plant at the Elk Hills oil and gas field in central California. The Willbros portion of the total project is valued in excess of $40 million.
Jerrit Coward, President, Willbros Upstream Oil & Gas, commented, "We are pleased with this award and look forward to executing our portion of this major project for Occidental of Elk Hills, Inc. Our ability to provide integrated EPC solutions adds value for our customers and we view this opportunity as an indication that market conditions continue to improve, resulting in growing demand for our services."
Willbros Group, Inc. is an independent contractor serving the oil, gas, power, refining and petrochemical industries, providing engineering, construction, turnaround, maintenance, life cycle extension services, facilities development and operations services to industry and government entities worldwide. For more information on Willbros, please visit our web site at www.willbros.com.
Source: Willbros Group, Inc.