Reliance Industries' Jacket Departs for India

J. Ray McDermott project staff at the Morgan City, Louisiana fabrication facility successfully completed the load-out of a 9,015- short ton jacket built for Reliance Industries Limited as part of an Engineering, Procurement, Construction and Installation contract/purchase order undertaken at J. Ray company facilities worldwide.

The load-out, which took a little more than 23-hours from start to finish, was the culmination of just over 12 months of hard work fabricating the jacket for the KG-D6 field on the east coast of India.

Before embarking on its 13,375-nautical mile journey around the world, the jacketís first stop was Pascagoula, MS, where it rendezvoused with a Fast Transport Vessel (FTV). The jacket and cargo barge were loaded onto the FTV for a 46-day journey to the J. Ray marine and fabrication base on Batam Island, Indonesia, via the Suez Canal. After being offloaded from the FTV, the jacket and cargo barge will be towed for approximately 12 days to the East Coast of India.

"This is the first structure we have built here at Morgan City for export to India," said Bob Deason, President and Chief Executive Officer of J. Ray. "The Reliance KG-D6 field development contract was a fast-track project, and we were able to use our companyís worldwide resources to ensure we met our customerís delivery deadline for first gas from the field by June 2008."

The jacket was built at J. Rayís Morgan City fabrication facility. The piles and topsides are currently being fabricated at the companyís Jebel Ali facility in the United Arab Emirates, with the piles scheduled for load-out in the near future and the topsides scheduled for sail away in early 2008. J. Ray McDermott Engineering in Houston completed design and engineering work, and J. Ray's in-house marine fleet will carry out all installation work.

Once the jacket and topsides are installed, hook up will commence with expected completion during the first quarter of 2008, bringing the entire project to a close in approximately 22 months.

J. Ray McDermott, S.A., is a subsidiary of McDermott International, Inc. (NYSE:MDR). J. Ray McDermott and its subsidiaries provide engineering, construction, procurement, installation and project management services to offshore oil and gas developments worldwide.

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