Horizon Offshore Inc. (HOFF)

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Horizon Offshore, Inc. (Horizon), together with its subsidiaries, provides marine construction services for the offshore oil and gas, and energy industries. During the year ended December 31, 2006, the Company provided marine construction services in the United States Gulf of Mexico, Latin America, Southeast Asia/Mediterranean and West Africa. Horizon's primary services include laying, burying or repairing marine pipelines; providing hook-up and commissioning services; installing offshore production platforms and other structures, and disassembling and salvaging offshore production platforms and other structures. In 2006, Horizon provided offshore marine construction services to approximately 35 customers. Its customers consist of national oil companies, major and independent oil and gas companies, energy companies and their affiliates. In December 2007, Cal Dive International, Inc. completed the acquisition of Horizon.