Russian Pipeline Contract Goes to J. Ray

McDermott International, Inc. announced that a subsidiary of J. Ray McDermott, S.A. ("J. Ray") was recently awarded a sub-sea pipeline installation project by Lukoil-Nizhnevolzhskneft, LLC (Lukoil), a subsidiary of OJSC LUKOIL Oil Company, for the Yuri Korchagin field. The field is located 180 kilometers outside Astrakhan city in the Russian sector of the Caspian Sea.

"For more than 20 years J. Ray has undertaken a number of projects in the Caspian Sea and in Russian waters," said Bob Deason, President and Chief Operating Officer of J. Ray. "The volume of construction work in Russia's oil and gas sector is gathering pace and we are proud to be working with Lukoil on this world-class project."

J. Ray will install a 58 kilometer 12" oil pipeline that will connect the ice-resistant fixed platform No.1 (LSP-1) to a single point mooring south of the Yuri Korchagin field. Under the contract J. Ray will also provide design engineering, procurement, installation and testing of the sub-sea pipeline, with project support from J. Ray's facilities in Azerbaijan and the United Arab Emirates.

McDermott International, Inc. is a leading worldwide energy services company. McDermott subsidiaries provide engineering, construction, installation, procurement, research, manufacturing, environmental systems, project management and facility management services to a variety of customers in the power and energy industries, including the U.S. Department of Energy.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Corrosion Control Document Facilitator
Expertise: Corrosion Engineering|Refinery Specialist|Technical Writing
Location: Houston, TX
Regulatory Compliance Specialist
Expertise: HSE Manager / Advisor|Offshore Position Surveying|Regulatory Compliance
Location: Houston, TX
Shipping and Receiving Specialist
Expertise: Logistics Management|Port Operations
Location: College Station, TX
search for more jobs

Brent Crude Oil : $50.47/BBL 0.98%
Light Crude Oil : $49.72/BBL 1.09%
Natural Gas : $2.76/MMBtu 1.09%
Updated in last 24 hours