McDermott International, Ltd announced it has been selected by BHP Petróleo Operaciones de México, S. De R.L. De C.V. (BHP), in partnership with Pemex, to provide Front-End Engineering Design (FEED) of a Semi-submersible Floating Production Unit (FPU) for the Trion Project in the Gulf of Mexico. The FPU will be designed for a water depth of approximately 8,200 feet (2,500 meters) and will be located in the Trion Field, approximately 19 miles (30 kilometers) south of the U.S./Mexico border and approximately 112 miles (180 kilometers) off the Mexican coastline.

"We look forward to being a partner with BHP and Pemex in the establishment of the first deepwater oil field development project in Mexico," said Mark Coscio, Senior Vice President for McDermott's North, Central and South America region.

McDermott will lead a single, integrated team to perform project management and execution planning.

"With integrated project management, engineering, procurement services and self-fabrication in our yards in Altamira, Mexico, and Batam, Indonesia—McDermott's globally integrated EPC project delivery capabilities will allow us to reduce risk and enhance certainty of delivery on the BHP Trion project," said Samik Mukherjee, Group Senior Vice President for Projects.

The scope of the FEED contract includes engineering tasks related to the configuration, sizing and analysis of the FPU, including topsides, hull, risers and mooring. McDermott was previously awarded and completed services under an initial pre-FEED contract.

About McDermott

McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach to design and build infrastructure solutions to responsibly transport and transform oil and gas into the products the world needs today. From concept to commissioning, our expertise and comprehensive solutions deliver certainty, innovation and added value to energy projects around the world. It is called the "One McDermott Way." Operating in over 54 countries, McDermott's locally-focused and globally-integrated resources include more than 30,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world.

About BHP

BHP is a world-leading resources company. We extract and process minerals, oil and gas, with more than 60,000 employees and contractors, primarily in Australia and the Americas. Our products are sold worldwide, with sales and marketing led through Singapore and Houston, United States. Our global headquarters are in Melbourne, Australia.

We operate under a Dual Listed Company structure with two parent companies (BHP Billiton Limited and BHP Billiton Plc) operated as if we were a single economic entity, which we refer to as BHP. We are run by a unified Board and management.

About Pemex

Pemex is the largest company in Mexico. It operates through the whole chain of value of the industry, from exploration and production -upstream- to industrial transformation, logistics and marketing –downstream.