BARDEX TO TOUT ITS LOAD HANDLING TECHNOLOGY IN OTC 2002 BOOTH

GOLETA, California, U.S.A., March 8, 2002

In booth number 2451 in the Reliant Center at OTC 2002 May 6-9 Bardex Corporation and its affiliate companies, Bardex Industries Inc. and Bardex (U.K.) Ltd.,will feature their technology for FPS/FPSO, Spar/DDCV and semisubmersible mooring and steel catenary riser pull-in operations as well as rig skidding on offshore structures locatedaround the world.

Bardex technical experts will be in the booth to discuss the details of their load handling system designs for such projects as the Gulf of Mexico Shell-BP Na Kika semisubmersible-shaped FPS, BP-ExxonMobil Thunder Horse PDQsemi-submersible and ExxonMobil Hoover DDCV; ExxonMobil Kizomba FPSO off Angola; SBM Espadarte FPSO off Brazil; as well as numerous platforms in the North Sea.

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