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OFFSHORE PIPELINES, INC. ANNOUNCES NEW PROJECTS TOTALLING $76 MILLION

 HOUSTON, April 22 /PRNewswire/ -- Offshore Pipelines, Inc. ("OPI") (NYSE: OFP) today announced that its domestic and international operating companies and joint ventures have been awarded several offshore construction projects with a total contract value of approximately $76 million.
 OPI's operating companies will perform these marine construction services, including the salvage, refurbishment, and installation of offshore platforms and pipelines in the Gulf of Mexico and offshore Trinidad, West Africa and the Middle East. Certain of the work is scheduled to commence immediately and performed in OPI's 1993 fiscal year.
 OPI operates one of the largest marine construction fleets in the world, capable of handling a full range of large-capacity and deep-water construction projects worldwide. The company is an industry leader in laying marine pipelines; installing, salvaging, and refurbishing offshore platforms; fabricating offshore platforms and their components; and providing diving services.
 -0- 4/22/93
 /CONTACT: Victor M. Perez, senior vice president - capital markets, of Offshore Pipelines, Inc., 713-952-1000/
 (OFP)


CO: Offshore Pipelines, Inc. ST: Texas IN: OIL SU: CON

LR -- NY092 -- 9504 04/22/93 13:21 EDT
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Publication:PR Newswire
Date:Apr 22, 1993
Words:177
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