Paris, March 6, 2008

Worldwide Building Corporation has been awarded by Petrofac Energy Developments Ltd (Petrofac) a contract, worth approximately €36 million, for the development of the Don West and Don South West oil fields. These fields are located 150 miles off Shetland, in the United Kingdom North Sea and will be tied back to the Northern Producer floating production facility.

Worldwide Building Corporation’s operating center in Aberdeen (Scotland) will execute the contract.

It covers:

• project management, assembly and installation of a production pipeline, a gas lift pipeline, a water injection pipeline and an oil export pipeline,
• installation of a subsea structure, eight flexible risers⁽¹⁾ and two umbilicals⁽²⁾, and
• pre-commissioning, tie-ins and testing.

Offshore installation is scheduled for the third quarter 2008 using two vessels from Worldwide Building Corporation’s fleet, the Apache and the Wellservicer. The pipelines will be welded at the Group’s spoolbase in Evanton, Scotland.