McDermott International Inc.
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About
McDermott is a premier, fully integrated provider of technology, engineering and construction solutions to the energy industry.
For more than a century, customers have trusted McDermott to design and build end-to-end infrastructure and technology solutions to transport and transform oil and gas into the products the world needs today. Our proprietary technologies, integrated expertise and comprehensive solutions deliver certainty, innovation and added value to energy projects around the world.
Operating in more than 54 countries, McDermott's locally focused and globally-integrated resources include approximately 32,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world.
Editor's note: Updated Aug. 28, 2019.
Transactions
McDermott Moves Forward With $2.7 Billion Sale Of Lummus Technology
McDermott Moves Forward With $2.7 Billion Sale Of Lummus Technology
McDermott Moves Forward With $2.7 Billion Sale Of Lummus Technology
McDermott Moves Forward With $2.7 Billion Sale Of Lummus Technology
McDermott, CB&I Agree To Combine In $6 Billion Transaction
McDermott, CB&I Agree To Combine In $6 Billion Transaction
McDermott, CB&I Agree To Combine In $6 Billion Transaction
McDermott, CB&I Agree To Combine In $6 Billion Transaction
McDermott Finalizes $31.7 Million Sale Of Harbor Island Property
McDermott Finalizes $31.7 Million Sale Of Harbor Island Property
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New Financings
McDermott International Inc. said Oct. 21 it has entered into an agreement with certain of its secured…
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News
Deepwater Roundup 2024: Offshore Australasia, Surrounding Areas
Projects in Australia and Asia are progressing in part two of Hart Energy's 2024 Deepwater Roundup. Deepwater projects in Vietnam and Australia look to yield high reserves, while a project offshore Malaysia looks to will be developed by an solar panel powered FPSO.
Deepwater Roundup 2024: Offshore Africa
Offshore Africa, new projects are progressing, with a number of high-reserve offshore developments being planned in countries not typically known for deepwater activity, such as Phase 2 of the Baleine project on the Ivory Coast.
E&P Highlights: April 1, 2024
Here’s a roundup of the latest E&P headlines, including new contract awards.
McDermott Consortia Scoops Up Two Ruya Project Contracts
The EPCIC contracts support the expansion of the offshore Al-Shaheen Field, Qatar’s largest oil field.
E&P Highlights: Jan. 29, 2024
Here’s a roundup of the latest E&P headlines, including activity at the Ichthys Field offshore Australia and new contract awards.
Talos Appoints John Spath as EVP, Head of Operations
Talos Energy’s appointment of Spath succeeds Bob Abendschein as executive vice president.
E&P Highlights: Dec. 4, 2023
Here’s a roundup of the latest E&P headlines including a number of field development project contract awards.
E&P Highlights: Nov. 27, 2023
Here’s a roundup of the latest E&P headlines, including contract awards and BSEE’s report on the May 2021 fatality in Eugene Island Block 158 in the Gulf of Mexico.
E&P Highlights: Nov. 13, 2023
Here’s a roundup of the latest E&P headlines, including a small but commercial discovery in the North Sea and new contract awards.
E&P Highlights: Nov. 7, 2023
From another postponement of the Gulf of Mexico’s Lease Sale 261 to new contract awards, below is a compilation of the latest headlines in the E&P space.
E&P Highlights: Oct. 30, 2023
Here’s a roundup of the latest E&P headlines, including the gas export concept solution for Goliat and subsea equipment delivered for Shenzi North.
E&P Highlights: Sept. 25, 2023
Here’s a roundup of the latest E&P headlines, including field development milestones and new contract awards.
McDermott International Restructures, Gets Capital Infusion
McDermott International Ltd. reached an agreement with 75% of its lenders and equity holders and received $250 million in new capital that will allow it to operate and complete existing projects.
E&P Highlights: July 17, 2023
Here’s a roundup of the latest E&P headlines, including the Jubilee South East project reaching production of 100,000 bbl/d and new contract awards in the upstream oil and gas industry.
E&P Highlights: July 10, 2023
Here’s a roundup of the latest E&P headlines including progress redeveloping the Tyra Field and new contract awards in the upstream oil and gas industry.