SOURCE: Willbros Group, Inc.

Willbros Group, Inc.

February 08, 2010 19:51 ET

Kevin Fox Named President of Willbros U.S. Construction

Industry Veteran Leads U.S. Pipeline Constructor

HOUSTON, TX--(Marketwire - February 8, 2010) - Willbros Group, Inc. (NYSE: WG) announced today the appointment of Kevin R. Fox to President of Willbros U.S. Construction, the company's operating unit that provides construction, maintenance and specialty services to the U.S pipeline industry.

Fox served as President, Willbros Engineering, prior to this assignment. He has 23 years of engineering, project management and integrated service delivery experience, joining Willbros in 1991 as an engineer.

Randy Harl, President and CEO of Willbros, commented on Fox's appointment, "Kevin's extensive experience in the engineering and construction sector, especially his EPC experience delivering integrated engineering, procurement and construction projects, coupled with his enterprise management skills, will bring more management expertise to our U.S. construction and also allow our technical experts to focus more of their time on project management and execution. We have high expectations that Kevin will add effective leadership to the already great team we have in place."

Fox said that he looks forward to expanding his long-standing relationships with customers and providing industry leading solutions for safe, cost effective project execution.

Willbros U.S. Construction provides construction, maintenance and specialty services, including integrated EPC project execution to customers in the hydrocarbon transportation and storage industries from offices in Houston, Texas.

Willbros Group, Inc. is an independent contractor serving the oil, gas, power, refining and petrochemical industries, providing engineering, construction, turnaround, maintenance, life cycle extension services and facilities development and operations services to industry and government entities worldwide. 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 the potential for investigations; additional disruptions to the global credit markets; the current global recession; fines and penalties by government agencies; the identification of one or more other issues that require restatement of one or more prior period financial statements; the existence of material weaknesses in internal controls over financial reporting; availability of quality management; availability and terms of capital; changes in, or the failure to comply with, government regulations; ability to introduce new services to the markets served; ability to remain in compliance with, or obtain waivers under, the Company's loan agreements and indentures; 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, the refinery crack spread and planned refinery outages and upgrades, the effective tax rate of the different countries where the work is being conducted, development trends of the oil, gas, power, refining and petrochemical industries; changes in the political and economic environment of the countries in which the Company has operations, 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.

Contact Information

  • CONTACT:

    Michael W. Collier
    Vice President Investor Relations
    Sales & Marketing
    Willbros
    713-403-8038

    Connie Dever
    Director Strategic Planning
    Willbros
    713-403-8035