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    Horizon Offshore comments on market

    News // March 15, 2002
    Horizon Offshore, the well known marine construction company, has issued a statement in which it describes 2001 as "challenging", mainly because of market conditions caused by fluctuating demands in the natural gas market.

    The company also said it continues to pursue increased market share in the Gulf of Mexico offshore construction industry and to expand operations into selected international markets.

    Horizon says it believes the second half of 2002 into 2003 will be "sounder."

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