Global Industries (GLBL) Announces $100M Contract In in West Africa

January 20, 2009 6:58 AM EST

Global Industries, Ltd. (Nasdaq: GLBL) entered into a contract with a West African client to provide the transportation, installation and related services associated with the replacement and repair of a 24-inch pipeline offshore Nigeria.

The contract is valued at approximately $100 million and mobilization is scheduled to begin in January 2009.

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