McDermott International today announced it has signed a contract with Woodside Energy to undertake a front-end engineering and design activities for a floating production unit (FPU) for the Scarborough field gas development in Western Australia. [Read more…]
McDermott awarded conceptual and engineering services contract or Zama Field Development Project in Mexico
McDermott International announced a contract award for concept and engineering services for Talos Energy Inc. for the Zama field development project.
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CSV Southern Ocean secures new contract with McDermott for works in India
CSV Southern Ocean will support McDermott on their subsea installation project off the East Coast of India.
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McDermott completes pipeline installation for Greater Western Flank Phase 2 Project in Australia
McDermott International has successfully completed the contract for phase two of the Greater Western Flank project.
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Myanmar Gas Field Development
McDermott International and Baker Hughes announced the award of a contract by Posco Daewoo for phase two of the Shwe gas field development offshore Western Myanmar.
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McDermott Awarded Transportation and Installation Subcontract in Vietnam
McDermott has been awarded a transportation and installation subcontract by PTSC Offshore Service Joint Stock Company for the Sao Vang and Dai Nguyet gas and condensate field developments in Vietnam.
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Subsea 7 withdraws its proposal to acquire McDermott
Subsea 7 has confirmed that the proposal made to McDermott’s Board of Directors on April 17 and published on April 23 is no longer valid. [Read more…]
McDermott CEO outlines rationale for CB&I merger
The market downturn of the past few years has forced offshore contractors and service companies to look for mergers and alliances that provide diversification opportunities, complementary capabilities, and economies of scale.
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McDermott rejects unsolicited bid from Subsea 7
U.S. oilfield services company McDermott International was quick to reject an offer tabled Monday in an unsolicited bid by from Norwegian rival Subsea 7.
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McDermott to bid for Asia Pacific contracts
McDermott plans to bid for $5 billion in contracts in the next few months in Asia Pacific as the region’s offshore oil and gas sector recovers, company executives said on Tuesday.
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