Mcdermott News


McDermott Starts Total's Tyra Fabrication

Oct 17, 2018

McDermott International held a first steel-cutting ceremony at its fabrication yard in Batam, Indonesia, to mark the commencement of fabrication for the Tyra Redevelopment project.The provider of technology, engineering and construction solutions…

Subsea 7 Makes Hostile Bid for McDermott

Apr 23, 2018

Offshore oil services firm Subsea 7 has made an unsolicited offer worth about $2 billion for U.S. rival McDermott, potentially breaking up the U.S. company's agreed deal with onshore engineering firm Chicago Bridge & Iron (CB&I).The deal could…

McDermott, CB&I to combine in $6B merger

Dec 18, 2017

McDermott International and CB&I today (18 December) unveiled plans to combine in an all-stock transaction valued at US$6 billion. McDermott's DB 50. The companies say the merger will create…

McDermott wins fifth contract for Safaniya

Nov 21, 2017

McDermott International has received a fifth contract award under an existing agreement from Saudi Aramco for work on the Safaniya field onshore and offshore Saudi Arabia.   Under the engineering, procurement, construction and installation (EPCI) contract…

McDermott installs Safaniya jacket

Jun 13, 2017

McDermott International recently completed the load-out and installation of the first jacket fully fabricated by the company at its recently opened Dammam fabrication yard in Saudi Arabia. The Safaniya 264 jacket is part of McDermott’s…

McDermott wins Angelin EPCIC

Jun 05, 2017

BP Trinidad & Tobago (bpTT) has awarded McDermott International an engineering, procurement, construction, installation and commissioning (EPCIC) contract for the Angelin gas field, off the east coast of Trinidad and Tobago. Illustration…

Subsea aspirations

Jun 01, 2017

Karen Boman discovers how Glasgow’s shipbuilding industry eventually led McDermott International’s CEO David Dickson toward a career in subsea. David Dickson Growing up, McDermott…

McDermott launches Middle East graduate training program

Mar 28, 2017

McDermott Middle East launched a specialized on-the-job graduate training program exclusively for students from the Kingdom of Saudi Arabia (KSA). McDermott KSA graduates. Image from McDermott…

McDermott to use Dassault Systèmes software to improve EPCI

Mar 27, 2017

McDermott will digitize and standardize its processes, simplifying work processes into a single integrated, software-agnostic engineering platform. Image from McDermott. McDermott…

McDermott expands Middle East markets

Mar 08, 2017

McDermott International plans to construct offshore production solutions in Saudi Arabia. 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…

McDermott lands Middle East contracts

Jan 25, 2017

McDermott International announced a double win in the Middle East today (25 January), including a contract for the largest offshore oil field in the world. Its first “substantial contract,” from Saudi Aramco, is for engineering, procurement…

Solstad supports McDermott on Ichthys

Jan 13, 2017

Norway's Solstad Offshore (SOFF) has been awarded a subcontract with US-headquartered McDermott for the provision of light construction vessel services associated with Ichthys gas field development project, offshore Western Australia. Solstad's…

McDermott bags Aramco EPCI

Jan 04, 2017

Saudi Aramco has awarded McDermott International a contract for the engineering, procurement, construction and installation (EPCI) of four jackets and three gas observation platforms, offshore Saudi Arabia. The total weight of all structures combined is 11…

McDermott opens Saudi Arabia office

Nov 01, 2016

McDermott International opened a new office in Al Khobar, Saudi Arabia, with the ability to add 300 staff to its existing workforce in the Kingdom. Image from McDermott. The new…

McDermott, TH Heavy Engineering dissolve partnership

Sep 27, 2016

Houston-based McDermott International and Malaysian fabrication firm TH Heavy Engineering (THHE) will end their Malaysian joint ventures Berlian McDermott (BMD) and THHE Fabricators (THF), the pair announced on Friday (23 September), citing local market conditions…

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