McDermott Moves Closer to Gendalo-Gehem

McDermott, a provider of integrated engineering, procurement, construction and installation (EPCI) services for upstream field developments worldwide, moves up in selection for the Indonesian gas project.

McDermott International, Inc. has announced today that a consortium, which includes subsidiaries of McDermott and PT Encona Inti Industri, has been notified of its selection as the successful bidder in the tender process for an engineering, procurement and construction (“EPC”) contract for the Gendalo-Gehem natural gas development in East Kalimantan, Indonesia.

Award of the contract will be subject to various conditions, including government and regulatory approvals and final investment decision.

Genaldo-Gehem is Chevron’s deep sea natural gas project offshore East Kalimantan.

Press Release, May 30, 2014