McDermott International, Inc. announced today a sizeable* contract award from Unipetrol RPA for engineering, procurement and construction management (EPCM) services for its refinery in Litvinov, Czech Republic.

The contract includes the full suite of EPCM services for the upgrade of Unipetrol's hydrocracking unit. McDermott previously completed the feasibility study and basic engineering design and will now execute the procurement and installation phase.

"This award is testament to McDermott's long-standing relationship and extensive track record with Unipetrol," said Tareq Kawash, McDermott's Senior Vice President for Europe, Africa, Russia and Caspian. "We believe our ability to combine local knowledge and global expertise makes us uniquely positioned to execute this project."

During the last two decades, McDermott has successfully executed a number of feasibility studies, front end engineering and design (FEED) and EPCM projects for Unipetrol at their refineries and petrochemical facilities in the Czech Republic.

The project is scheduled to be fully executed from McDermott's Brno, Czech Republic, office with completion expected in second quarter 2020.

Work on the project will begin immediately and the contract award will be reflected in McDermott's first quarter 2019 backlog.

* - McDermott defines a sizeable contract as between USD $1 million and USD $50 million.

About McDermott

McDermott (NYSE: MDR) is a premier, fully integrated provider of technology, engineering and construction solutions to the energy industry. For more than a century, customers have trusted McDermott to design and build end-to-end infrastructure and technology solutions to transport and transform oil and gas into the products the world needs today. Our proprietary technologies, integrated expertise and comprehensive solutions deliver certainty, innovation and added value to energy projects around the world. Customers rely on McDermott to deliver certainty to the most complex projects, from concept to commissioning. It is called the "One McDermott Way." Operating in over 54 countries, McDermott's locally focused and globally-integrated resources include approximately 32,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. As used in this press release, McDermott includes McDermott International, Inc. and its subsidiaries and affiliates.

About Unipetrol

The Unipetrol Group is the largest refinery and petrochemical company in the Czech Republic. It focuses primarily on crude oil processing, distribution and sale of fuel and petrochemical products — particularly plastics and fertilisers. In all these fields, the group is a key player on both the Czech and Central European market. The Unipetrol Group includes refineries and production plants in Litvínov and Kralupy nad Vltavou, Paramo with the Mogul brand in Pardubice and Kolín, Spolana in Neratovice, and two research centres in Litvínov and Brno. Unipetrol also owns the Benzina network of petrol stations with 409 stations, which is the largest chain in the Czech Republic. Unipetrol is one of the largest companies in the Czech Republic in terms of turnover. The group created revenue of over CZK 130 billion last year and employs more than 4,700 people. In 2005, Unipetrol became part of the PKN Orlen Group, the largest crude oil processor in Central Europe.