Top News of the Week of Nov 18 – Nov 24, 2013

Business & Finance

November 24, 2013

1. McDermott Nets EPCI Contract in Arabian Gulf

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.

2. Fugro Expands Fleet with Offshore Wind Farm Drill

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.

3. DOF Subsea Lands USD 800 Mln Worth of Contracts

The DOF Subsea Group has been awarded contracts with a total value of USD 800 million, including options.

4. DOF Subsea Clinches USD 65 Mln Worth of Contracts

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).

5. OneSubsea to Supply Pump System for Total Moho Phase 1bis Development (Congo)

OneSubsea™ has been awarded a pump systems contract for the Total Moho Phase 1bis development offshore Congo.

Top News of the Week of Nov 04 – Nov 10, 2013

Subsea World News Staff , November 24, 2013