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UPDATE 1-Conoco shuts Magnolia platform; to pull workers

Wed Aug 27, 2008 6:31pm EDT

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(Adds evacuation details, paragraph 3)

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HOUSTON Aug 27, (Reuters) - ConocoPhillips (COP.N) said on Wednesday its Magnolia platform in the deepwater Gulf of Mexico was shut on Aug. 25 for a planned overhaul.

Non-essential workers will be taken off the platform on Thursday due to the threat of Tropical Storm Gustav, the company said in a statement.

A total of 20 workers are expected to be evacuated on Thursday and another 58 will be evacuated on Saturday, if Gustav follows a forecast path through Gulf of Mexico production areas, Conoco said. (Reporting by Erwin Seba; Editing by David Gregorio)

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