CARLYSS, La., May 30 /PRNewswire-FirstCall/ -- Global Industries, Ltd. is pleased to confirm the safe release today of its four employees who were abducted from one of its construction vessels off the coast of Nigeria on the evening of May 8, 2007. All four appear unharmed and in good condition but will undergo thorough medical examinations before returning to their respective homes.
B.K. Chin, Chairman and Chief Executive Officer, commented, "On behalf of Global Industries I want to express my sincere appreciation to all of those who contributed to the successful resolution of this harrowing ordeal: the government of Nigeria, specifically the government of Delta State, Chevron Nigeria, our security advisors, and countless others who reached out to assist in the safe return of these four men. We are grateful for the hard work and support of our employees around the world and are extremely thankful that our men involved in this incident were released unharmed and will be reunited with their families. Our Global family welcomes them home and wishes to specially thank their wives and family for their patience and understanding throughout this ordeal."
Global Industries provides offshore construction, engineering, project management and support services including pipeline construction, platform installation and removal, and diving services to the global oil and gas industry in the Gulf of Mexico, Mexico's Bay of Campeche, South America, West Africa, the Mediterranean, the Middle East, India, and Asia Pacific. The Company's shares are traded on the NASDAQ Global Select Market under the symbol "GLBL."
For additional news releases on Global Industries, Ltd., please visit Global's web site at http://www.globalind.com/.
