PRC Europe: 5 years of leading downstream transformation
The Petrochemical & Refining Congress, co-hosted by Neste, celebrates its 5th Anniversary on 17-19th of May.
McDermott
Cases of efficient asset management at AUTOMA 2021
Oil companies, EPCs, refineries, pipeline operators and drilling contractors will join the AUTOMA Congress next April to discuss the asset management approaches in Upstream, Midstream and Downstream markets.
Besix confirms Mozambique LNG jetty work
Belgium’s marine construction specialist Besix, working with Mota-Engil, will build the marine facilities for the Mozambique LNG project.
McDermott wins Nigerian hydroskimming work
McDermott has won a large engineering and procurement contract for a 12,000 barrel per day refinery in Nigeria.
QP kicks off drilling on North Field
Qatar Petroleum (QP) has begun development drilling on its North Field East (NFE) project, which will sustain its major LNG expansion plans.
McDermott wins subsea system contract for project off Africa
McDermott International has been awarded a fabrication subcontract for the Greater Tortue Ahmeyim natural gas project located offshore Mauritania and Senegal.
McDermott seals FEED contract for Myanmar project
McDermott International has won the front-end engineering design (FEED) contract for Posco's Shwe Phase 3 gas field development, offshore Myanmar.
McDermott pulls CEO from gas conference after market meltdown
McDermott International Inc. Chief Executive Officer David Dickson abruptly canceled a public appearance for the second time in two weeks as the energy-engineering company grapples with dwindling investor confidence.
McDermott ‘hires’ AlixPartners for turnaround advice
McDermott International Inc. hired restructuring firm AlixPartners for strategic and operational advice as the engineering company, which specializes in building energy infrastructure such as storage tanks and sub-sea pipelines, seeks to shore up its balance sheet, according to a person with knowledge of the matter.
McDermott wins ‘large’ contract with Saudi Aramco in Arabian Gulf
Energy services firm McDermott has been awarded a “large” contract with Saudi Aramco in the Arabian Gulf.
McDermott, BHGE win Ichthys subsea deals
US energy services giants McDermott and Baker Hughes GE have been awarded contracts for the Inpex-operated Ichthys LNG project off Western Australia.
McDermott wins large offshore contract with Saudi Aramco
McDermott has won a “large” contract for work on two oil and gas fields off Saudi Arabia.
Petrobras picks McDermott for Sepia work
McDermott International will construct and install subsea risers and flowlines on Petrobras' Sepia field off Brazil.
Restructuring costs see McDermott fall to £60.3m loss
Energy services firm McDermott fell to a loss of £60.3m in the start of 2019 amid a series of restructuring and transactional costs.
McDermott, BHGE net Greater Tortue contracts with BP
McDermott International and Baker Hughes, a GE company have won contracts with BP for the Greater Tortue Ahmeyim natural gas project offshore Mauritania and Senegal.
Impairments from three projects sting McDermott International’s 2018 earnings
Impairments from three large projects stung Houston service company McDermott International, which closed 2018 with a $2.7 billion loss.
McDermott plans to sell storage tank, pipe businesses for more than $1bn
Houston-based McDermott International plans to sell its storage tank and U.S. pipe fabrication businesses for more than $1 billion next year.
North-east to play role in deepwater India mega project
A partnership of Baker Hughes, a GE company (BHGE), McDermott International and L&T Hydrocarbon have won the £1.3 billion subsea engineering contract for India’s largest deepwater project.
McDermott gets go-ahead to build new Entergy power plant in Willis
McDermott International, the Houston engineering and construction company, got the go-ahead from Entergy Texas to build a 993-megawatt natural gas power plant in Willis.
TechnipFMC sues McDermott for trade secret theft
TechnipFMC is suing rival McDermott International and its new chief operating officer for the alleged theft of trade secrets that Samik Mukherjee brought with him when he switched companies.
McDermott wins Mexican pipeline deal
US oilfield service firm McDermott International has won a pipeline installation contract with Mexico's Pemex.
McDermott poaches new COO from rival TechnipFMC
Growing energy engineering and construction firm McDermott International poached its new second-in-command from rival TechnipFMC.
McDermott bags contract for pair of Vietnamese gas field projects
McDermott International has inked a deal to provide transport and installation services for two gas and condensate field developments off Vietnam.
Merged McDermott looking for new Houston HQ, exiting The Woodlands
McDermott International has completed its merger with the engineering and construction company CB&I, creating a local company that employs more than 40,000 people and Wall Street values at about $6 billion.
McDermott and CB&I merger approved by shareholders, thwarting Subsea 7
A merger deal between McDermott International and Chicago Bridge and Iron (CB&I) has been approved by shareholders, thwarting attempts by Subsea 7 to block it.