McDermott
McDermott International has won a large contract from an upstream oil and gas operator for a project offshore in the Middle East. The scope includes engineering, procurement, fabrication, transportation and installation of offshore pipelines. Engineering and offshore mobilisation of McDermott’s in-house vessels has commenced for this assignment, with project completion expected by the end of 2016.
Linh Austin, VP – Middle East, said: “The nature of this fast-track project was ideally suited to our vertically integrated capabilities involving our engineering, project management and procurement teams based in Dubai, as well as our marine assets in the region.”
McDermott International has also been awarded a lump-sum contract by Saudi Aramco for brownfield work in various offshore fields in Saudi Arabia. The package of engineering, procurement, construction and installation (EPCI) projects that make up the contract represent the largest single award for McDermott’s Middle East Area operations in company history. Work is expected to be executed through Q2 2018. The award follows the June 2015 signing of a second long term agreement (LTA) between McDermott and Saudi Aramco for EPCI opportunities in various fields offshore Saudi Arabia.
