Top News of the Week of Nov 18 – Nov 24, 2013
- Business & Finance
McDermott International, Inc. (“McDermott”) announced that one of its subsidiaries was awarded an Engineering, Procurement, Construction and Installation (EPCI) project for a customer in the Arabian Gulf. The value is approximately US$ 200 million and will be included in McDermott’s fourth quarter 2013 backlog.
Specialist overwater drilling and marine construction contractor Fugro Seacore is building a powerful pile top drill, the T120, for the offshore wind farm market to assist with monopole installations of up to 8 metres diameter.
The DOF Subsea Group has been awarded contracts with a total value of USD 800 million, including options.
DOF Subsea AS, a subsidiary of DOF ASA has been awarded several contracts, with a total value of approx. NOK 400 million (USD 65 million).
OneSubsea™ has been awarded a pump systems contract for the Total Moho Phase 1bis development offshore Congo.
Subsea World News Staff , November 24, 2013