McDermott has been awarded a major* contract by ADNOC for engineering, procurement, construction and installation (EPCI) services for the Nasr-115 Expansion Project, located approximately 130 kilometers (81 miles) northwest of Abu Dhabi in the United Arab Emirates (UAE).

The Nasr-115 Expansion Project is a critical component of the overall Nasr Phase II Full Field Development project expected to increase oil production capacity to 115,000 barrels per day (bpd) by 2027. Under the contract scope, McDermott will provide comprehensive EPCI services for two topside structures, one new manifold tower, one jacket, one bridge and all associated pipelines, cables and brownfield modifications.

"McDermott shares ADNOC's commitment to increase offshore production capacity and will do its part with safe, efficient delivery of the Nasr-115 Expansion Project to the highest quality standards," said /B>Mike Sutherland, McDermott's Senior Vice President, Offshore Middle East. "Our decades-long track record of delivering innovative, comprehensive solutions across complex offshore developments supports ADNOC's vision for sustainable energy growth and to meet its capacity goals as part of the P5 project."

"This award underscores McDermott's position as a trusted partner in executing large-scale energy infrastructure projects in the region. We are proud to further support development of the UAE's energy sector in a safe and sustainable manner," added Angela De Vincentis, McDermott's Vice President of Operations, Offshore Middle East.

*McDermott defines a major contract as between USD $750 million and USD $1000 million.

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 engineered to responsibly harness and transform global energy resources into the products the world needs. From concept to commissioning, McDermott's innovative expertise and capabilities advance the next generation of global energy infrastructure—empowering a brighter, more sustainable future for us all. Operating in over 30 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 ADNOC

ADNOC is a leading diversified energy and petrochemicals group wholly owned by the Emirate of Abu Dhabi. ADNOC’s objective is to maximize the value of the Emirate’s vast hydrocarbon reserves through responsible and sustainable exploration and production to support the United Arab Emirates’ economic growth and diversification.