Global Industries Awarded Multiple Decommissioning Projects for McMoRan Oil & Gas

Global Industries, Ltd. GLBL announced today that it has been awarded multiple projects by McMoRan Oil & Gas for the decommissioning and abandonment of seven production platforms located in the central Gulf of Mexico in water depths ranging from 100 to 400 FSW.

The decommissioning campaign is scheduled to commence in late April 2011 and has a projected duration of 90-100 days.