Global Industries, Ltd. To Present at IPAA’s Oil and Gas Investment Symposium

CARLYSS, La., March 31 /PRNewswire-FirstCall/ — Global Industries, Ltd. announced today that it will participate in IPAA’s Oil and Gas Investment Symposium being held April 7-9, 2008. The Symposium is located at the Sheraton New York Hotel and Towers in Manhattan, New York. B. K. Chin, Chairman and Chief Executive Officer, will make a presentation on Tuesday, April 8, 2008 at 4:10 p.m. ET. Copies of the slide presentation will be posted on the Company’s website following the event.

Global Industries, Ltd. is a leading offshore solutions provider of offshore construction, engineering, project management and support services including pipeline construction, platform installation and removal, deepwater/SURF installations, IRM, and diving to the oil and gas industry worldwide. The Company’s shares are traded on the NASDAQ Global Select Market under the symbol “GLBL”.

This press release may contain forward-looking information based on current information and expectations of the Company that involve a number of risks, uncertainties, and assumptions. Among the factors that could cause the actual results to differ materially are industry conditions, prices of crude oil and natural gas, the Company’s ability to obtain and the timing of new projects, and changes in competitive factors. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual outcomes could vary materially from those indicated.

Global Industries, Ltd.

CONTACT: Investor Relations, +1-281-529-7979

Web site: http://www.globalind.com/