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BAKER COMPLETES ACQUISITION OF OVERSEAS TECHNICAL SERVICE

 PITTSBURGH, March 4 /PRNewswire/ -- Michael Baker Corp. (AMEX: BKR) has completed the acquisition of the Overseas Technical Service International companies (OTS). OTS will operate as a unit of Baker's Operations and Maintenance Group, which has headquarters in Houston.
 OTS consists of a number of companies with combined annual sales of about $18 million and offices in Bangkok, Thailand; Lagos, Nigeria; London; and Kuala Lumpur, Malaysia. The companies provide operations and maintenance services to major oil and gas producers worldwide.
 "OTS has a solid history of profitability," said William G. Thomas, Baker's president and chief executive officer. "We expect OTS to add to our earnings base this year by giving Baker further penetration into the international oil and gas market."
 Formed in 1949, OTS has more than 350 employees, most of whom are located on project sites in the United Kingdom, Nigeria, Egypt, Abu Dhabi, Qatar, Malaysia, Thailand and Pakistan. Clients of OTS include British Petroleum, Chevron, Exxon, Mobil, Shell, Texaco and TOTAL, the French national oil and gas company.
 OTS provides specialized services for oil and gas production and processing facilities, pipeline and pumping facilities, liquefied natural gas plants, refineries and petrochemical plants, marine terminals, and offshore storage vessels. OTS also provides training and technical documentation services for operations and maintenance, inspection, drilling and warehousing operations, and engineering and construction projects.
 "Combining Baker's existing capabilities in the U.S. oil and gas industry with the skills and market knowledge of OTS will help us both achieve growth," said Michael E. Gibbs, executive vice president of Baker's Operations and Maintenance Group.
 Michael Baker Corp. subsidiaries provide engineering, construction, and operations and maintenance services worldwide.
 /delval/
 -0- 3/4/93
 /CONTACT: Tim Wesley of Michael Baker Corp., 412-269-2518/
 (BKR)


CO: Michael Baker Corp.; Overseas Technical Service International ST: Pennsylvania IN: CST OIL SU: TNM

CD-MK -- PG006 -- 2806 03/04/93 08:57 EST
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Publication:PR Newswire
Date:Mar 4, 1993
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