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  • McDermott Awarded Three Offshore EPCI Projects and Additional Scope on Existing Contract in Arabian Gulf
    édité le 06/05/2016 - Plus de news de "McDermott" - Voir la fiche entreprise de "McDermott"


McDermott Awarded Three Offshore EPCI Projects and Additional Scope on Existing Contract in Arabian Gulf
McDermott International, Inc. announced that it has been awarded three separate projects by a major national oil company for the integrated engineering, procurement, construction, and installation (EPCI) services in multiple fields in the Arabian Gulf. In addition to this, there has also been an award of an additional scope on an existing contract, also being executed in the Arabian Gulf.

These projects combined are a substantial brownfield award for McDermott and have a total scope which includes the EPCI for jackets and topsides, subsea pipelines and subsea cables.

Work on the projects is expected to be executed through the fourth quarter of 2017.

“These awards are due, in part, to McDermott’s ability to provide a highly efficient solution with schedule certainty and draws upon our in-depth knowledge and experience working offshore in the Middle East area over many years,” said Linh Austin, McDermott Vice President, Middle East.

Engineering is expected to be carried out by McDermott’s specialist teams in Dubai, U.A.E.; and, Chennai, India. Procurement is expected to be performed by McDermott’s specialist teams based in Dubai. Fabrication of the structures is scheduled to be undertaken by McDermott’s Dubai-based fabrication facilities and marine installation is expected to be under taken by McDermott’s specialist fleet of shallow water vessels.

Revenue from the contract awards will be included in McDermott’s second quarter 2016 backlog.

About McDermott

McDermott (NYSE:MDR) is a leading provider of integrated engineering, procurement, construction and installation (EPCI) services for upstream field developments worldwide. The Company delivers fixed and floating production facilities, pipelines and subsea systems from concept to commissioning for complex Offshore and Subsea oil and gas projects to help oil companies safely produce and transport hydrocarbons. Our clients include national and major energy companies. Operating in more than 20 countries across the world, our locally focused and globally integrated resources include approximately 11,200 employees, a diversified fleet of specialty marine construction vessels, fabrication facilities and engineering offices. We are renowned for our extensive knowledge and experience, technological advancements, performance records, superior safety and commitment to deliver. McDermott has served the energy industry since 1923 and is listed on the New York Stock Exchange. As used in this press release, McDermott includes McDermott International, Inc. and its subsidiaries and affiliates.


Origine : Communiqué McDermott

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