McDermott
Houston-based McDermott International, which has been operating in the Middle East region for about six decades now, has been heavily involved in offshore EPC projects in Saudi Arabia in recent times, by virtue of which the company has leaped up to No. 7 in the 2017 rankings.
In Q1 2017, McDermott signed a memorandum of understanding with Saudi Aramco for a long-term land lease at the new maritime facility at Ras Al Khair in Saudi Arabia, currently being developed by the Saudi oil behemoth. With a long-term phased approach, McDermott plans to build a new fabrication and marine complex to service its growing Middle East and Caspian markets.
Earlier this year, McDermott, which has its regional base in Dubai’s Jebel Ali, won a contract award from Aramco for the engineering, procurement, construction and installation (EPCI) of four jackets and three offshore gas observation platforms. The total weight of all structures combined is 11,595 tonnes.