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WILLBROS SELLS NIGERIAN OPERATIONS

Friday, February 9, 2007



Willbros Group Inc., an independent contractor providing engineering and
construction services to the oil, gas and power industries worldwide, released a
statement on February 7 announcing that it had completed the sale of its
Nigerian operations through an offshore share purchase agreement for a total
consideration of $155.25 million to Ascot Offshore Nigeria Ltd., a Nigerian
energy services company.

Under the terms of the agreement Willbros received $150 million in cash and a
note for the balance of the purchase price for the shares of WG Nigeria Holdings
Ltd., the Cayman Islands holding company which owns the operating and equipment
companies supporting activities in Nigeria. The final net proceeds to Willbros
are subject to post-closing working capital and other adjustments.

Due to a number of uncontrollable variables and external factors the final
adjustments of the agreement may not be complete for several months but they are
not expected to result in a loss on the sale. To ensure a smooth transition,
Willbros and Ascot have entered into a transition services agreement. Willbros
has also bought out certain minority interests worth $10.5 million.





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