Exhibit 99.1
(WILLBROS LOGO)
         
 
  CONTACT:   Michael W. Collier
NEWS RELEASE
      Vice President, Investor Relations
 
      Willbros USA, Inc.
 
      (713) 403-8016
 
       
 
      Connie Dever
 
      Director, Strategic Planning
FOR IMMEDIATE RELEASE
      Willbros USA, Inc.
 
      (713) 403-8035
WILLBROS ANNOUNCES FIRST QUARTER EARNINGS
OF $0.46 PER DILUTED SHARE FROM CONTINUING OPERATIONS
    Company continues turnaround, posting record quarterly earnings and revenue.
 
    Continuing operations first quarter 2008 net income of $19.1 million compares to net loss of $3.3 million for first quarter 2007.
 
    Full results for first quarter 2008, including discontinued operations, were $21.7 million net income, $0.52 per diluted share.
 
    First quarter 2008 EBITDA(1) of $45.2 million.
 
    Backlog at March 31, 2008 of $1.2 billion, primarily in North America, and 76 percent cost reimbursable contracts is consistent with Company strategy.
HOUSTON, TX May 7, 2008 — Willbros Group, Inc. (NYSE: WG) today reported its results for the first quarter of 2008. On revenue of $491.6 million, net income from continuing operations for the first quarter of 2008 was $19.1 million, or $0.46 per diluted share, as compared to a loss of $3.3 million, or $0.13 per share, in 2007. Including discontinued operations, Willbros reported first quarter 2008 net income of $21.7 million, or $0.52 per diluted share, compared to a loss of $11.8 million, or $0.46 per share from first quarter 2007. First quarter 2008 revenue of $491.6 million grew 138 percent from the $206.7 million reported in first quarter 2007. The increase was attributed to high utilization of the Company’s U.S. large diameter pipeline construction capacity, successful completion of its first major Canadian pipeline construction project since Willbros acquired its Canadian pipeline division in July 2007, and from the addition of the Downstream services unit, InServ, which was acquired late in 2007.
     Randy Harl, President and Chief Executive Officer, commented, “Our first quarter 2008 results are vastly improved over 2007. We are seeing the benefits of the resolution of many issues which affected the Company’s performance in 2007. As a result of the largely cost reimbursable backlog in place at the end of 2007, we entered 2008 with a much improved risk profile. Our stated plan was to grow the size, scope and profitability of the Willbros business model, while managing for the best risk-adjusted returns, and we believe the first quarter results indicate that we are making meaningful progress toward these goals. We will continue to position the Company to leverage its strengths in a robust market for our services. We believe the outlook for pipeline and downstream services will enable us to continue to grow at a managed pace, and our improved business model will provide us the ability to continue to generate cash flows to support our growth.

1


The following information was filed by Willbros Group Inc on Tuesday, May 13, 2008 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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