HOUSTON, June 3, 2015 /PRNewswire/ -- Willbros Group, Inc. (NYSE: WG) announced today that HSC Pipeline Partnership, LLC (a subsidiary of Enterprise Products Partners L.P.) has awarded it a contract to construct a 15.5 mile 24-inch ethane pipeline from Enterprise's storage facility near Mont Belvieu in Chambers County, Texas to Enterprise's Morgan's Point facility on Galveston Bay near the intersection of Texas FM 225 and Hwy 146 in Harris County, Texas. The Ethane Export 24" Pipeline will be constructed in one segment and will have multiple drilled crossings including the Houston Ship Channel. The project begins in June 2015 and is planned to be complete in November 2015.
Harry New, President, Willbros Oil & Gas, commented, "This project fits our technical experience and capabilities very well. We look forward to working with the Enterprise team and delivering a quality project."
Willbros is a specialty energy infrastructure contractor serving the oil, gas, refining, petrochemical and power industries. Our offerings include engineering, procurement and construction (either individually or as an integrated EPC service offering), maintenance, facilities development and operations services. For more information on Willbros, please visit our web site at www.willbros.com.
This announcement contains forward-looking statements. All statements, other than statements of historical facts, which address activities, events or developments the Company expects or anticipates will or may occur in the future, are forward-looking statements. A number of risks and uncertainties could cause actual results to differ materially from these statements, including unanticipated accounting or other issues regarding any material weaknesses in internal control over financial reporting; inability of the Company or its independent auditor to confirm relevant information or data; unanticipated issues that prevent or delay the Company's independent auditor from completing its review of financial statements or that require additional efforts, procedures or review; the untimely filing of financial statements; pending and potential investigations and lawsuits; the identification of one or more issues that require restatement of one or more other prior period financial statements; ability to remain in compliance with, or obtain waivers under, the Company's existing loan agreements; ability to dispose of businesses and assets in a timely manner at reasonable valuations; the existence of other material weaknesses in internal control over financial reporting; contract and billing disputes; new legislation or regulations detrimental to the economic operation of refining capacity in the United States; availability of quality management; availability and terms of capital; changes in, or the failure to comply with, government regulations; the promulgation, application, and interpretation of environmental laws and regulations; future E&P capital expenditures; oil, gas, gas liquids, and power prices and demand; the amount and location of planned pipelines; poor refinery crack spreads; delay of planned refinery outages and upgrades and development trends of the oil, gas, power, refining and petrochemical industries; as well as other risk factors described from time to time in the Company's documents and reports filed with the SEC. The Company assumes no obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.
CONTACT
Michael W. Collier
SVP Investor Relations
Marketing & Communications
Willbros
713-403-8038
SOURCE Willbros Group, Inc.
Share this article