Search results for: McDermott International

544 results

A list of search results

  • 1 July 2020
    Business & Finance, Business developments & projects

    U.S. engineering and construction services company McDermott International has completed its restructuring process by shedding nearly all of the company’s $4.6 billion of funded debt.

  • 26 September 2012
    Business & Finance

    McDermott International, Inc.  announced that William H. Schumann, III has been appointed to its Board of Directors, effective September 24, 2012. Mr. Schumann will also serve on the Company’s Audit and Governance Committees. Mr. Schumann retired from FMC Technologies, Inc., a leading provider of subsea technology solutions to the energy industry and products for other […]

  • 11 May 2011
    Business & Finance, Operations & Maintenance, Research & Development

    McDermott International, Inc. reported income from continuing operations of $68.8 million, or $0.29 per diluted share, for the 2011 first quarter. The results of the 2011 first quarter compare to income from continuing operations of $51.6 million, or $0.22 per diluted share, in the corresponding period of 2010. The results of McDermott’s charter fleet business […]

  • 30 November 2010
    Business & Finance, Equipment

    The SURF (subsea umbilical riser and flowline) installation market is expanding and pushing into ever-deeper waters. At the same time IHC Engineering Business (IHC EB) has seen a dramatic expansion of its range of pipe and cable lay systems, with a number of large scale projects delivered, or ongoing. A 300-tonne system will shortly be […]

  • 30 November 2010
    Business & Finance, Equipment, Technology

    The SURF (subsea umbilical riser and flowline) installation market is expanding and pushing into ever-deeper waters. At the same time IHC Engineering Business (IHC EB) has seen a dramatic expansion of its range of pipe and cable lay systems, with a number of large scale projects delivered, or ongoing. A 300-tonne system will shortly be […]

  • 6 January 2021
    Business developments & projects, Project & Tenders

    The LNG and energy engineer, McDermott International has been contracted to deliver front-end engineering and design (FEED) work for Qatar Petroleum’s North Field South (NFS) project.

  • 5 January 2021
    Business & Finance, Business developments & projects

    U.S. offshore engineering and construction services provider McDermott has completed the raising of around $560 million in new capital.

  • 10 December 2020
    Business & Finance, Business developments & projects, Exploration & Production, Project & Tenders

    McDermott has been selected by BHP to perform the pre-FEED extension phase for a floating production unit for the Trion field offshore Mexico.

  • 19 November 2020
    Business & Finance, Business developments & projects

    McDermott has secured approximately $560 million in new capital through a series of transactions expected to close by the end of the year.

  • 5 November 2020
    Business developments & projects, Equipment, Exploration & Production, Project & Tenders, Vessels

    McDermott has made the second shipment of topside modules for an FPSO unit for MODEC just weeks after the first shipment of modules sailed away.

  • 21 October 2020
    Business & Finance, Business developments & projects

    U.S. engineering and construction services company McDermott International has appointed a new member of its board of directors.

  • 28 August 2020
    Business & Finance, Business developments & projects

    McDermott has informed that Andrew F. Gould, former Chairman and CEO of Schlumberger, has joined its board of directors.

  • 8 June 2020
    Business developments & projects, Project & Tenders, Vessels

    U.S. engineering and construction services company McDermott International has completed the Pan-Malaysia transportation and installation projects offshore Sarawak for Shell and SapuraOMV.

  • 18 May 2020
    Business & Finance, Business developments & projects, Project & Tenders

    U.S. engineering and construction services company McDermott International has been awarded a sizeable contract from a Middle East customer to carry out front-end engineering and design (FEED) work for offshore riser platform topsides.

  • 13 March 2020
    Business & Finance

    U.S. Bankruptcy Court for the Southern District of Texas has confirmed McDermott International’s Plan of Reorganization. The Court has also approved the sale of Lummus Technology to a joint partnership between The Chatterjee Group and Rhône Capital. “With the support of our creditors, employees, customers and suppliers, we have been able to confirm our Plan […]

  • 10 March 2020

    McDermott International with its joint venture partners, Chiyoda International Corporation and Zachry Group, introduced feed gas into Train 3 of the Freeport LNG Liquefaction project on Quintana Island in Freeport, Texas.

  • 25 February 2020
    Business & Finance

    McDermott broke ground on its new fabrication facility within the Saudi Arabian maritime complex.

  • 25 February 2020
    Business & Finance

    McDermott has broke ground on its new fabrication facility within the King Salman International Complex for Maritime Industries and Services in Ras Al-Khair, Saudi Arabia. The overall site, which is being developed by Saudi Aramco, is expected to be the largest maritime industries complex in the Kingdom and the Middle East region in terms of […]

  • 25 February 2020
    Project & Tenders

    Saudi Aramco and McDermott have reached a milestone with McDermott breaking ground on its new fabrication facility within the King Salman International Complex for Maritime Industries and Services in Ras Al-Khair, Saudi Arabia.

  • 25 February 2020
    Operations & Maintenance

    UTEC, a global surveying company in the Acteon group, has completed consecutive as-built and post-construction, anchor-debris-clearance surveys using remotely operated vehicles (ROV) for McDermott International. UTEC mobilized a DP2 offshore support vessel in early December 2019 with work- and observation-class ROVs and a nearshore survey work boat for the as-built campaign. The anchor debris clearance […]

  • 6 February 2020
    Equipment, Project & Tenders

    McDermott International has secured a large contract by BHP to provide subsea umbilicals, risers and flowlines (SURF), transportation and installation (T&I), pre-commissioning of one jacket and topsides for the Ruby project, offshore Trinidad and Tobago. According to McDermott, the contract is worth between USD 50 million and 250 million. The Ruby field resides in the […]

  • 21 January 2020

    Energy industry contractor McDermott International has filed for Chapter 11 bankruptcy as it looks to eliminate over $4.6 billion of debt. 

  • 20 January 2020
    Business & Finance

    U.S. engineering and construction services company McDermott International could be filing for bankruptcy over the course of this week.

  • 20 January 2020

    McDermott International could be filing for bankruptcy over the course of next week.

  • 5 November 2019
    Business & Finance

    McDermott International has appointed Chris Krummel as executive vice president, chief financial officer, effective immediately. Krummel joined McDermott in 2016 and previously served as the company’s global vice president, finance and chief accounting officer. He replaces Stuart Spence, who has resigned from McDermott to pursue other opportunities. “Chris has worked closely and collaboratively with our […]