Death of former McDermott oilman TJ Blanchard, who lived in Peterhead and Inverness
The American family man, who lived and worked in Scotland for 15 years, died aged 84.
McDermott
Judge ‘horrified’ by restructuring cost as McDermott was ‘on the verge of collapse’
A UK judge said he was “horrified” by the cost of a plan to restructure a McDermott firm that is in debt as the group was "on the verge of collapse."
McDermott kicks off major financial restructuring
Oil and gas contractor McDermott has started a restructuring package amid concerns over its financial health.
Petrofac chief executive to step down next year, replacement named
Energy services giant Petrofac has announced that its chief executive is heading for the exit door.
McDermott wins Begonia work off Angola
TotalEnergies has awarded a contract to McDermott International for work on the Begonia project, offshore Angola.
Tyra II process module sets sail from Indonesia bound for North Sea
The new process module for the Tyra II redevelopment has begun its trip from South East Asia to the North Sea.
McDermott wins Pre-FEED deal for Woodside’s proposed H2Perth project
McDermott International has been awarded a pre-front-end engineering design (Pre-FEED) contract from Woodside Energy (ASX:WDS) for the proposed H2Perth project in Western Australia.
McDermott wins FEED work on offshore pipelines in Qatar
McDermott International has won a front-end engineering and design (FEED) contract from QatarEnergy (QE) under the North Field expansion project.
Adnoc L&S orders more LNG carriers from Chinese yard
Adnoc L&S has ordered three more LNG vessels, larger than its current fleet, with delivery in 2025-26.
Venture Global secures mammoth financing, takes FID on Plaquemines LNG
Venture Global LNG has taken final investment decision (FID) on its Plaquemines LNG, with the largest project financing package globally this year.
McDermott delivers largest subsea project in Asia Pacific for India’s ONGC
US engineering giant McDermott has delivered the first ever pipe-in-pipe flowline for production in India as part of Oil & Natural Gas Corporation’s (ONGC)'s KG-DWN 98/2 project in the Krishna Godavari (KG) basin off India’s eastern coast. Significantly, the development is the largest and one of the most complex subsea projects in Asia Pacific, involving major subsea infrastructure installation in ultra-deepwater.
McDermott lands ‘largest ever’ renewables contract
McDermott has been handed its “largest ever” contract for renewables work, courtesy of German utilities firm TenneT.
Opportunities abound as Asia Pacific set for $4 billion subsea spend in 2022
Subsea opportunities will be plentiful in Asia Pacific over the coming years as international oil companies (IOCs) and national oil companies (NOCs) advance a backlog of projects, while offshore wind developers accelerate activity across the region.
Heerema bags contract with McDermott for major Saudi Aramco project
Dutch firm Heerema Marine Contractors has sealed a contract with McDermott to transport and install six large jackets.
McDermott lands ‘mega offshore contract’ with QatarEnergy
McDermott has won a “mega offshore contract” with QatarEnergy for the North Field East LNG project.
McDermott wins offshore work for Qatari LNG project
QatarEnergy (QE) has awarded a major construction contract on its LNG expansion project to McDermott Middle East.
Aramco dishes out offshore work to McDermott, Worley
Saudi Aramco has awarded three contracts to McDermott offshore in the Arabian Gulf, shortly after handing Worley offshore work.
McDermott gives Inpex’s Ichthys LNG a boost after EPC win
McDermott will provide engineering, procurement and construction (EPC) services for a booster compression platform at the Inpex-operated Ichthys liquefied natural gas (LNG) project in Australia.
McDermott finishes milestone job offshore Vietnam
McDermott has completed the largest and heaviest central platform topside float-over installation offshore Vietnam at the Sao Vang and Dai Nguyet (SVDN) development that is operated by Japan’s Idemitsu Kosan.
Jefferies – Global subsea capex hits highest quarterly level for two years
Global offshore and subsea capital expenditure (capex) recently hit its highest quarterly level for two years, according to an industry database.
McDermott, Sinopec take $2bn Tilenga job
TotalEnergies has chosen McDermott and Sinopec International Petroleum Service Corp. to carry out work Uganda’s Tilenga project.
Offshore pioneers outline ambitious £10bn plans to electrify North Sea platforms with floating wind
A pair of offshore engineering specialists have revealed ambitious plans for a £10 billion floating wind project aimed at slashing emissions from UK oil and gas platforms.
Glimmers of hope for giant Vietnam offshore gas project
There are increasing signals that the long-stalled multi-billion dollar Block B gas project offshore Vietnam could finally start making progress again this year.
McDermott wins Philippines LNG work
McDermott International’s CB&I Storage Solutions will provide the engineering, procurement and construction work for storage tanks at Atlantic Gulf and Pacific Company’s (AG&P’s) liquefied natural gas (LNG) import and regasification terminal in the Philippines.
Total restarts Mozambique LNG work under new security deal
Total intends to resume work at the Mozambique LNG site after the government has provided assurances of improved security.