In an exclusive interview, Oil & Gas Middle East spoke to McDermott’s Sustainability Leads – Olof Arnman and Sabrina Rajan
McDermott International
McDermott exercises minority investment option in Lummus Technology
Lummus Technology was a former subsidiary of McDermott, which it sold as part of its restructuring process
McDermott awarded subsea umbilical and flowline installation contract by Shell
Houston based EPCI major to install a flexible flowline, and umbilical and electrical flying leads at the Perdido Development in the Gulf of Mexico.
McDermott awarded EPCI subsea tieback contract from PEMEX for Ayatsil pipelines
McDermott to install two rigid flowlines for PEMEX’s Ayatsil field in offshore Mexico.
McDermott rejects $2bn bid from Subsea 7, moves ahead with $6bn merger with CB&I
McDermott’s board of directors carefully reviewed and considered the proposal in consultation with its outside financial advisors and legal counsel, and the board rejected the proposal.
McDermott launches new outfit in Saudi Arabia
McDermott Arabia Engineering to specialise in offshore O&G consulting
McDermott Q2 profit slides 11%
Declining Middle East presence weighs on net income.
McDermott wins new purchase order from Aramco
McDermott will deploy two installation rigs to complete project
McDermott posts Q2 profits of $92.6 million
US-based contractor records highest net profits since Q2 of 2008