Houston-based offshore contractor McDermott has been selected by UK supermajor Shell for an enterprise framework agreement for engineering and procurement services and integrated project management team services. McDermott said that the agreement has a duration […]
The consortium of financial investors led by Mason Capital Management includes IES Holdings, Nut Tree Capital Management, 683 Capital Management, First Pacific Advisors, and other investors. Under the terms of the agreement announced in October, […]
Under the terms of the deal, McDermott expects to receive $475 million of proceeds before taxes and transaction expenses. McDermott expects to complete the transaction in the fourth quarter of this year. The transaction is […]
McDermott announced the engineering, procurement, construction, and installation (EPCI) contract in a statement on Thursday. The company did not provide the contract price. McDermott said this new contract is in addition to the awards received […]
McDermott released a statement on Tuesday revealing the FEED award for the Rovuma LNG Phase 1 project, a joint venture between ExxonMobil, Eni, and CNPC. Last week, France’s Technip Energies and Japan’s JGC also announced […]
McDermott’s unit CB&I will build one liquefied natural gas storage tank for the TotalEnergies-led Marsa LNG bunkering project in Oman for up to $250 million. According to a statement by Houston-based McDermott, the “significant” contract […]
McDermott International, Ltd today announced that its CB&I Storage Solutions business has been awarded a contract by Atlantic Gulf and Pacific Company of Manila Inc. (AG&P) for the engineering, procurement and construction of a liquefied […]
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