SOURCE: Willbros Group, Inc.

Willbros Group, Inc.

September 02, 2010 17:04 ET

John M. Katok Named Senior Vice President -- Upstream International Operations

HOUSTON, TX--(Marketwire - September 2, 2010) -  Willbros Group, Inc. (NYSE: WG) announced today that John M. Katok has been named Senior Vice President -- Upstream International Operations. In this role, Mr. Katok will be responsible for the Company's upstream international business development and operations outside the United States and Canada and will lead the Company's strategic initiative to selectively expand its international presence as opportunities for onshore pipelines and associated facilities continue to grow. Mr. Katok will also focus on enhancing the Company's relationships with strategic clients who have significant global development plans both internationally and domestically.

Mr. Katok joins Willbros after 2 years with Global Industries, Ltd., where he served as Senior Vice President, Worldwide Business Development, and earlier, as Vice President -- Middle East Business Unit. Mr. Katok's breadth of experience also includes over five years at Technip, Inc. as Vice President -- U.S. Commercial Operations and 25 years with Kellogg, Brown & Root and its predecessor companies in a variety of commercial, project management and operations roles. He holds a B.S. in Civil Engineering from West Virginia University Institute of Technology.

"In our over 100 year history, Willbros has performed work in over 60 countries earning us the reputation as a 'Go To' contractor for logistically difficult projects. As a U.S. based contractor, we have the ability to pursue the best opportunities across the globe. We continue advancing our strategy to expand our global footprint by aligning with our customers' initiatives to develop hydrocarbon infrastructure overseas. I am pleased John has joined Willbros as he provides the management depth we need to oversee our renewed international presence," said Randy Harl, President and CEO. "His extensive commercial and operational experience, together with his diverse knowledge of the oil and gas construction industry, will be instrumental as we continue our efforts to develop customer relationships, improve operations, and successfully deliver projects to all our customers."

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 risk that the Company may be unable to successfully integrate the acquisition of InfrastruX or realize the growth opportunities or cost synergies that are anticipated from the acquisition; 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; changes in incentives for renewable power generation; 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, impediments to the construction of new transmission facilities; 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; regulatory impediments to the disposal of water used in well stimulation processes; 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