Search results for: McDermott

5995 results

A list of search results

  • 24 January 2018
    Business & Finance

    McDermott has been awarded a large contract from Saudi Aramco for the engineering, procurement, construction and installation of 13 jackets in the Zuluf, Marjan, Berri and Abu Safah fields, offshore Saudi Arabia.

  • 3 May 2018
    Business & Finance, Operations & Maintenance

    McDermott International and CB&I have received the necessary stockholder approvals to complete the proposed business combination. Following the approval of the combination of the two companies, Subsea 7, who made an offer to acquire McDermott, has withdrawn its proposal. Subsea 7’s proposal was a subject to the termination of McDermott’s transaction with CB&I, which McDermott […]

  • 6 April 2018
    Business & Finance

    McDermott has once again urged its shareholders to vote “FOR” the proposal amid objections by one company which owns nearly 2% of McDermott. 

  • 20 February 2019
    Project & Tenders

    McDermott International said it has bagged two contracts, to provide transportation and installation of offshore structures, pipelines and pre-commissioning work for the Pan Malaysia field development located off the shore of Sarawak, Malaysia.

  • 2 March 2011
    Business & Finance, Operations & Maintenance, Research & Development

      McDermott International, Inc. , announced  that certain of its subsidiaries in the Middle East and Caspian region were recently awarded a number of contracts for offshore engineering and construction projects ranging from installation, through to full EPCI work, as part of our $2 billion of fourth quarter bookings. The contracts in the Arabian Gulf, […]

  • 27 July 2016
    Business & Finance

    McDermott International and Nakilat-Keppel Offshore Marine (N-KOM), have announced a Memorandum of Understanding for an exclusive cooperation agreement to pursue offshore engineering, procurement, construction and installation (EPCI) projects within Qatari waters. According to McDermott, under the five-year agreement, McDermott and N-KOM, the joint venture shipyard between Qatar’s Nakilat and Keppel Offshore & Marine, will develop […]

  • 9 May 2014
    Business & Finance, Equipment, Project & Tenders

    Helix Energy Solutions Group, Inc. announces that its Robotics subsidiary, Canyon Offshore, Inc., has reached an agreement with a subsidiary of McDermott International, Inc. to provide remotely operated vehicle (ROV) services and equipment for McDermott’s fleet of subsea construction and pipelay support vessels. The agreement is for a fixed term of three years with options […]

  • 18 April 2018
    Business & Finance

    As the clock ticks on McDermott and CB&I merger, another firm has decided to weigh in on the proposed plan. 

  • 12 April 2019
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    McDermott has won an engineering, procurement, construction and installation (EPCI) contract from Qatargas for expansion of the North Field offshore facilities in the State of Qatar. The contract for new facilities includes the full suite of EPCI services for eight new offshore jackets. McDermott plans to use its project management and engineering teams in Doha, […]

  • 2 August 2010
    Business & Finance, Equipment

    McDermott International, Inc.  announced today that it has completed the spin-off of its power generation systems and government operations segments through the distribution of the shares of The Babcock & Wilcox Company (“B&W”) to holders of McDermott common stock. As a result, McDermott is now a leading, stand alone engineering, procurement, construction and installation (“EPCI”) […]

  • 25 April 2018
    Business & Finance

    Subsea 7 has re-affirmed its interest in acquiring McDermott International, a Houston based EPCI contractor. To remind, McDermott has rejected the takeover offer placed by Subsea 7 on April 17, 2018, to acquire the entire issued share capital of the company for USD 7.00 per share, payable entirely in cash or up to 50% in Subsea 7 […]

  • 4 January 2017
    Business & Finance

    McDermott has been awarded a contract from Saudi Aramco for the engineering, procurement, construction and installation (EPCI) of four jackets and three gas observation platforms offshore Saudi Arabia. The American EPCI company said on Wednesday that the total weight of all structures combined is 11,595 tons. “As the third fast-track jacket contract from Saudi Aramco […]

  • 9 May 2014
    Equipment

    Helix Energy Solutions Group, Inc. has through its Robotics subsidiary, Canyon Offshore, Inc., reached an agreement with a subsidiary of McDermott International, Inc. to provide remotely operated vehicle (ROV) services and equipment for McDermott’s fleet of subsea construction and pipelay support vessels. The agreement is for a fixed term of three years with options to […]

  • 1 November 2018
    Business & Finance

    McDermott has been awarded a large contract award by Petrobras for a natural gas pipeline project in support of the client’s Santos basin pre-salt field program.

  • 25 April 2018
    Business & Finance

    Undeterred by recent rejection, the UK-based subsea engineering company Subsea 7 on Wednesday reaffirmed its interest in acquiring Houston-based McDermott. 

  • 25 February 2020
    Business & Finance

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

  • 18 February 2019
    Business & Finance, Operations & Maintenance, Project & Tenders

    McDermott has secured two contracts to provide transportation and installation of offshore structures, pipelines and pre-commissioning work for the Pan Malaysia field development located off Sarawak, Malaysia. One contract is from Sarawak Shell Berhad (SSB) and one from Sapura Exploration and Production (SEP). McDermott’s scope of work for SSB includes the transportation and installation 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.

  • 3 May 2018
    Business & Finance

    McDermott and CB&I have both received the necessary stockholder approvals to complete the proposed merger, McDermott said on Wednesday.

  • 4 January 2017
    Operations & Maintenance, Project & Tenders

    McDermott has been awarded a contract from Saudi Aramco for the engineering, procurement, construction and installation (EPCI) of four jackets and three gas observation platforms offshore Saudi Arabia. The total weight of all structures combined is 11,595 tons. “As the third fast-track jacket contract from Saudi Aramco in the last 18 months, this award is […]

  • 30 January 2017

    Offshore installation player McDermott is reportedly set to acquire the offshore construction vessel Ceona Amazon, and at what discount! According to Nor-Ocean, which cited industry sources, McDermott is expected to finalize the acquisition in February for an estimated $80 million. The shipbroker points out the price would be at some 80 percent discount compared to […]

  • 6 August 2013
    Business & Finance

    McDermott International, Inc. (“McDermott” or the “Company”) announced that John T. McCormack, Executive Vice President and Chief Operating Officer, has advised the Company of his intention to retire, effective in the fourth quarter of this year. Mr. McCormack (age 66) has been with McDermott for ten years and has held his current role since 2011. […]