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Global To Open Offshore HQ

Maritime Activity Reports, Inc.

November 12, 1999

Global Industries will significantly expand its capacity to meet operators' deepwater and reel pipelay needs in the Gulf of Mexico this December with the opening of its 625-acre offshore construction headquarters in Carlyss, La. Chosen because of its location along the 40 ft. (12.1 m) deep Calcasieu Ship Channel - the site is capable of supporting Global's deepwater fleet - and includes a pipe assembly rack that measure more than half a mile long. As a result of this new facility, Global closed both its Houma and Lafayette, La. facilities in late October to consolidate its offshore operations in Carlyss.

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