McDermott International Company News

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Bakken Refinery Contract Goes to McDermott
Thursday, December 06, 2018 McDermott International will finalize the FEED for the grassroots Davis Refinery in the Bakken formation.

GOM Subsea Contract Goes to McDermott
Tuesday, November 27, 2018 McDermott will install new subsea umbilical and flowline at the Great White Frio development.

Brazil Subsea Pipeline Project Goes to McDermott
Wednesday, November 21, 2018 Petrobras has awarded McDermott an EPCI contract for the ultra-shallow segment of its Rota 3 natural gas export pipeline.

Offshore Mexico Contract Goes to McDermott
Thursday, November 15, 2018 A McDermott-BHGE joint venture will perform concept and engineering services for the Zama field development project.

McDermott to Sell Storage Tank and Pipe Businesses
Wednesday, October 31, 2018 McDermott plans to divest its storage tank business and US pipe fabrication business for more than $1 billion.

Subsea Contract Features Made-in-India Element
Wednesday, October 03, 2018 India's ONGC has awarded it largest single subsea contract.

Thailand Olefins Project Goes to McDermott
Monday, October 01, 2018 MOC has awarded McDermott a technology contract for a petrochemical plant in Thailand's Rayong province.

Silvertip Subsea Contract Goes to McDermott
Tuesday, August 07, 2018 Silvertip is one of three fields – the others being Great White and Tobago – in Shell's Perdido development.

Bay of Campeche Subsea Tieback Contract Goes to McDermott
Wednesday, August 01, 2018 Pemex has selected McDermott to install two rigid flowlines for its Ayatsil field, which is located in the Bay of Campeche.

McDermott Wins 25-tank Saudi Contract from Samsung
Tuesday, July 24, 2018 Samsung Engineering Saudi Arabia has awarded McDermott a fixed lump sum contract for a total of 25 storage tanks.

Myanmar Shwe Contract Goes to McDermott, BHGE
Wednesday, June 27, 2018 A consortium of McDermott and BHGE has won a contract for the second phase of the Shwe gas field development offshore Myanmar.

McDermott International Closing CB&I Deal On Thursday, Saudi Arabia Is Key
Friday, May 11, 2018 McDermott International Inc will close its acquisition of Chicago Bridge and Iron Co NV.

OTC 2018: McDermott Exec Sees More Enthusiasm in Middle East
Thursday, May 03, 2018 The outlook for oil and gas operators and technology and service providers in the Middle East is growing rosier and more competitive, an executive with McDermott told Rigzone.

Subsea 7 Says Could Change Offer If McDermott Cooperates
Wednesday, April 25, 2018 Subsea 7 is open to potentially sweetening its $2B offer for McDermott if the US company would work with it to identify additional benefits of a deal, Subsea says.

McDermott CEO Bets on Next Turnaround at Ailing Chicago Bridge
Tuesday, January 09, 2018 Shares are ticking back up as Dickson vows to do at Chicago Bridge what he did at McDermott.

Oil-Focused Engineering Firms McDermott, Chicago Bridge To Merge
Monday, December 18, 2017 McDermott International Inc and Chicago Bridge and Iron NV (CB&I) said they would combine to create a new company.

Exclusive: McDermott to Double Headcount in Mexico by Year-End
Friday, May 05, 2017 Mexico's energy reforms drive oil and gas growth, positioning McDermott International to increase its workforce there to 2,000 employees by the end of 2017.

McDermott Opens New Office in Saudi Arabia; Adds 300 Jobs
Wednesday, November 02, 2016 Houston-based McDermott International is expanding its footprint in Saudi Arabia with opening of new office.

Mexico's Sole Platform Fabrication Project to Create Jobs
Tuesday, September 27, 2016 EPCI firm McDermott International will increase its workforce for the 18-month Abkatun-A2 project for PEMEX.

TH Heavy Engineering, McDermott End Partnership in Malaysia
Monday, September 26, 2016 Malaysia's TH Heavy Engineering and McDermott end their three-year partnership for offshore oil and gas projects in the country.

LTHE Sees India Investing $5B in Offshore Upstream Sector Over 5 Years
Tuesday, August 16, 2016 L&T Heavy Engineering (LTHE) sees investments in India's offshore upstream oil and gas industry reaching up to $5 billion over the next 5 years, a top company executive says.

McDermott, N-KOM Signs MOU to Jointly Pursue EPCI Projects Offshore Qatar
Wednesday, July 27, 2016 McDermott inks a memorandum of understanding (MOU) to jointly pursue offshore engineering, procurement, construction and installation (EPCI) projects offshore Qatar with Nakilat-Keppel Offshore Marine (N-KOM).

McDermott Secures $454M EPCI Contract for Abkatun-2 Platform from Pemex
Tuesday, June 28, 2016 McDermott secures a $454 million contract from Pemex Exploracion y Produccion for the engineering, procurement, construction and installation for the Abkatun-A2 platform to be located in Mexico's Bay of Campeche.

McDermott Secures Brunei's Offshore T&I Contract
Tuesday, June 21, 2016 McDermott secured an installation contract from Brunei Shell Petroleum for the Fairley and Ampa Fields offshore Brunei.

McDermott Charts Growth Path Following Company Restructuring
Monday, May 23, 2016 Fresh from a company turnaround, offshore engineering and construction firm McDermott gears up to tap opportunities in a market beset by the challenges of low oil prices.

McDermott Joins 14 Other Offshore Firms to Establish Industry Standards
Thursday, May 19, 2016 McDermott joins 14 other offshore companies to establish engineering industry standards.

Keppel Holds Naming Ceremony for McDermott's Newbuild DLV 2000
Thursday, April 14, 2016 Keppel Singmarine holds naming ceremony for McDermott's newbuild derrick lay vessel, DLV 2000, at its yard in Singapore.

Asia Features Prominently in McDermott's Latest Activities
Tuesday, February 23, 2016 Asia features prominently in McDermott's latest activities, with the firm bagging two contracts offshore Western Australia and partnering LTHE for deepwater projects in India.

McDermott to Name Flagship Derrick Lay Vessel at Singapore's Keppel Yard
Friday, February 19, 2016 McDermott plans to name its new flagship derrick lay vessel, the DLV 2000, at Keppel Singmarine yard in Singapore in April.

McDermott Secures T&I Contract for a Project Offshore Trinidad
Wednesday, December 09, 2015 McDermott secures a transport and installation contract from an upstream oil and gas operator for a project offshore Trinidad.

McDermott Bags EPCI Contract for 4 Wellhead Jackets from Qatar Petroleum
Friday, October 09, 2015 McDermott bags a brownfield project from Qatar Petroleum for the engineering, procurement, construction and installation of four wellhead jackets offshore Qatar.

McDermott Awarded Record Services Contract by Saudi Aramco
Thursday, August 27, 2015 McDermott International is awarded a record lump sum contract by Saudi Aramco for brownfield work in various fields offshore Saudi Arabia.

Ophir Awards Upstream FEED Deals for E.Guinea's Fortuna FLNG Project
Thursday, July 09, 2015 Ophir Energy awards upstream front end engineering and design contracts for the Fortuna gas project in Equatorial Guinea to two consortia comprising McDermott Marine Construction-GE Oil & Gas and Subsea 7-Aker Solutions.

McDermott Secures Sizeable Services Contract in Gulf of Mexico
Tuesday, June 23, 2015 McDermott International secures a sizeable lump sum services contract from LLOG Exploration Offshore, in support of the Otis development located in the Gulf of Mexico.

McDermott Awarded Jacket Project by Saudi Aramco
Tuesday, May 26, 2015 McDermott International secures contract for the engineering, procurement, construction and installation of 12 jackets for offshore oil and gas fields in Saudi Arabian waters.

McDermott International Cuts About 1,700 Jobs
Tuesday, May 12, 2015 McDermott International eliminates about 1,700 positions in response to 1Q losses.

McDermott Bags Hout Field Platform Project from Al-Khafji Joint Operations
Monday, May 04, 2015 Al-Khafji Joint Operations awards platform project for the Hout field project in the divided zone between Kuwait and Saudi Arabia to McDermott.

McDermott Bags Subsea Fabrication Contract for Indonesia's Jangkrik Project
Wednesday, March 04, 2015 McDermott lands subsea fabrication contract from FMC Technologies for the Eni-operated Jangkrik fields located off Kalimantan, Indonesia.

Qatar Petroleum Awards McDermott North Field Alpha Contract
Monday, March 02, 2015 McDermott International is awarded a large project for a new jacket, temporary deck and replacement umbilical by Qatar Petroleum for the North Field Alpha gas development, offshore Qatar.

McDermott Wins EPCI Contract for Marjan Power Supply System
Monday, March 02, 2015 McDermott Middle East will conduct initial work for a significant power supply system replacement contract for Saudi Aramco's Marjan field.

Neptune Marine Services Completes Grouting Work for Ichthys LNG Project
Wednesday, February 25, 2015 Neptune Marine Services completes a structural grouting project under a subcontract from McDermott for Inpex's Ichthys liquefied natural gas development offshore Australia.

McDermott Completes Kepodang Platform Installation Offshore Indonesia
Monday, January 12, 2015 McDermott completes platform installation at the Kepodang gas field in Muriah working area offshore Indonesia for Petronas.

McDermott to Install Pemex's Ayatsil-A Drilling Platform Offshore Mexico
Tuesday, January 06, 2015 McDermott will install Pemex's Ayatsil-A drilling platform installation in the Bay of Campeche offshore Mexico.

McDermott Delivers Riser Support Structure for Inpex's Ichthys LNG Project
Thursday, November 13, 2014 McDermott delivers the riser support structure for the Inpex-operated Ichthys liquefied natural gas project's subsea umbilical, riser, flowline development offshore Western Australia.

McDermott Bags Offshore Pipeline Deal for Brunei's Champion, Ampa Fields
Wednesday, November 12, 2014 McDermott bags a three year deal from Brunei Shell Petroleum to transport and install pipelines and umbilicals for the Champion and Ampa fields offshore Brunei.

McDermott Lands T&I Contract for Bukit Tua Project Offshore East Java
Tuesday, October 21, 2014 McDermott lands a transportation, installation and pre-commissioning contract from a Petronas unit for the offshore Bukit Tua project in Ketapang block, East Java, Indonesia.

McDermott Creates World's Largest Specialty Valves for Ichthys Project
Friday, October 03, 2014 McDermott creates the world's largest specialty valves for use in Australia's Ichthys gas project.

Neptune Marine Services Lands Subcontracts for Ichthys LNG Project Off WA
Thursday, September 18, 2014 Neptune Marine Services lands two subcontracts from McDermott Australia for the Ichthys liquefied natural gas project offshore Western Australia.

McDermott, PT Encona Clinch EPC Deal for Chevron's Gendalo-Gehem Project
Monday, June 02, 2014 McDermott and PT Encona Inti Industri clinch an engineering, procurement and construction contract for the Gendalo-Gehem deepwater natural gas project offshore East Kalimantan, Indonesia.

McDermott Mobilizes DB 101 to Offshore East Java for Heavy-Lift Work
Thursday, May 01, 2014 McDermott discloses that the firm's Derrick Barge 101 recently mobilized to offshore East Java, Indonesia for a heavy-lift project.