Global Industries Appoints Robert E. Fulton as Vice President and Treasurer

Apr 16, 2001, 01:00 ET from Global Industries, Ltd.

    HOUSTON, April 16 /PRNewswire/ -- Global Industries, Ltd. (Nasdaq:   GLBL)
 announced today that Robert E. Fulton has joined the Company as Vice President
 and Treasurer, effective this month.  In this position, Mr. Fulton will
 oversee the Company's cash and bank balances, project financing, and credit
 relations with its bank syndicate.  He is based in Carlyss, Louisiana, and
 reports to Timothy W. Miciotto, Vice President and Chief Financial Officer.
     Prior to joining Global Industries, Mr. Fulton served as Assistant
 Treasurer for McDermott International, Inc.  He has 27 years of treasury
 experience with McDermott and DuPont including experience in both domestic and
 international financial markets.  He holds a master's degree in international
 management and finance from the American Graduate School of International
 Management (Thunderbird) and a bachelor's degree in American studies and logic
 from the University of Notre Dame.
     Timothy W. Miciotto, Chief Financial Officer for the Company, stated:  "We
 are excited to welcome Bob Fulton to Global Industries in a role that will
 both enhance our liaison with credit institutions and unlock greater
 opportunities for the Company in terms of finance management."
     Global Industries provides pipeline construction, platform installation
 and removal, and diving services to the oil and gas industry in the deepwater
 and shallow-water areas of the Gulf of Mexico, West Africa, Asia Pacific,
 Middle East/India, South America, and Mexico's Bay of Campeche.  The company's
 shares are traded on the Nasdaq National Market System under the symbol
 "GLBL".  For more information, contact Corporate Development, Global
 Industries, Ltd., 5151 San Felipe, Suite 900, Houston, Texas 77056.
 Tel. (713) 479-7663 or www.globalind.com.
     For additional news releases on Global Industries, Ltd., please visit
 Global's web site at www.globalind.com.
 
 

SOURCE Global Industries, Ltd.
    HOUSTON, April 16 /PRNewswire/ -- Global Industries, Ltd. (Nasdaq:   GLBL)
 announced today that Robert E. Fulton has joined the Company as Vice President
 and Treasurer, effective this month.  In this position, Mr. Fulton will
 oversee the Company's cash and bank balances, project financing, and credit
 relations with its bank syndicate.  He is based in Carlyss, Louisiana, and
 reports to Timothy W. Miciotto, Vice President and Chief Financial Officer.
     Prior to joining Global Industries, Mr. Fulton served as Assistant
 Treasurer for McDermott International, Inc.  He has 27 years of treasury
 experience with McDermott and DuPont including experience in both domestic and
 international financial markets.  He holds a master's degree in international
 management and finance from the American Graduate School of International
 Management (Thunderbird) and a bachelor's degree in American studies and logic
 from the University of Notre Dame.
     Timothy W. Miciotto, Chief Financial Officer for the Company, stated:  "We
 are excited to welcome Bob Fulton to Global Industries in a role that will
 both enhance our liaison with credit institutions and unlock greater
 opportunities for the Company in terms of finance management."
     Global Industries provides pipeline construction, platform installation
 and removal, and diving services to the oil and gas industry in the deepwater
 and shallow-water areas of the Gulf of Mexico, West Africa, Asia Pacific,
 Middle East/India, South America, and Mexico's Bay of Campeche.  The company's
 shares are traded on the Nasdaq National Market System under the symbol
 "GLBL".  For more information, contact Corporate Development, Global
 Industries, Ltd., 5151 San Felipe, Suite 900, Houston, Texas 77056.
 Tel. (713) 479-7663 or www.globalind.com.
     For additional news releases on Global Industries, Ltd., please visit
 Global's web site at www.globalind.com.
 
 SOURCE  Global Industries, Ltd.