Gulf Island wins order from Arena Offshore

AUGUST 12, 2014 — Gulf Island Fabrication, Inc. (NASDAQ: GIFI) reports that, through its subsidiary Gulf Island L.L.C., it has received an award letter from Arena Offshore, LP for the fabrication of two Jacket/Piles and Topsides for Arena’s projects located in the Gulf of Mexico. Delivery for these units is set for late second quarter 2015. Revenue backlog and man-hours associated with this project will be reported in connection with the company’s announcement of financial results for the quarter ending September 30, 2014.

Gulf Island Fabrication, Inc., based in Houston, Texas, is a leading fabricator of offshore drilling and production platforms, hull and/or deck sections of floating production platforms and other specialized structures used in the development and production of offshore oil and gas reserves.