McDermott ‘fully committed’ to CB&I deal following rejected Subsea 7 bid
McDermott International has stated it remains “fully committed” to its merger with CB&I following Subsea 7’s rejected takeover bid.
McDermott
McDermott concludes double installation and startup on Indian oil fields
Offshore engineering firm McDermott announced today that it has completed installation and startup on the Vashishta and S1 field contracts, off the east coast of India.
Subsea 7 reaffirms interest in McDermott takeover
UK-based Subsea 7 has restated its interest in acquiring U.S rival McDermott.
McDermott profits grow as it nears merger, rejects hostile bid
Houston's McDermott International touted its rising profits as it nears the completion of its merger with The Woodlands-based CB&I.
Subsea 7 in bid to acquire McDermott
Offshore engineering and construction firm Subsea 7 has confirmed today that it made a bid to acquire US company McDermott.
McDermott tries to head off opposition to CB&I takeover
US engineering firm McDermott International has urged its shareholders to vote in favour of its takover of CB&I.
Baker Hughes partners with McDermott to compete offshore
Baker Hughes and McDermott International said they're partnering to offer integrated offshore energy services in order to better compete with other growing players like Schlumberger and TechnipFMC.
McDermott announces leadership team ahead of CB&I deal
McDermott has revealed what the make-up of its new executive leadership team will be once its takeover of Chicago Bridge & Iron Company goes through.
BP hands McDermott contract for Trinidad platform project
Oil service firm McDermott International has won a contract to provide BP with a range of services for a project off Trinidad and Tobago.
Middle East activity to thank for ‘exceptional’ 2017, McDermott says
Oil service company McDermott said an uplift in activity in the Middle East was behind its “exceptional” results in 2017.
McDermott and CB&I merging in $4billion combination
Houston energy engineering and construction companies McDermott International and CB&I are combining into a company with a $4 billion Wall Street value and an emphasis on both onshore and offshore projects.
Adipec 2017: World headed for oil supply ‘bust’ due to lack of investment
The world is heading for a “bust” in oil and gas supply due to chronic levels of underinvestment in the sector during the downturn, industry chiefs said today.
Adipec 2017: Sector battling negative image in mission to find talent
The heads of two US oil service firms today revealed their fears about a lack of new talent coming into the sector.
Oceanteam sells North Ocean stake to McDermott
Offshore services provider Oceanteam has sold its remaining 25% stake in vessel-owning company North Ocean 105 AS to McDermott.
McDermott installs Dammam yard jacket
US based firm McDermott has completed the load-out and installation of the first jacket made by the company at its recently opened Dammam fabrication yard in Saudi Arabia.
BP selects McDermott for Trinidad oil platform project
BP has picked oil service firm McDermott to build key infrastructure for its Angelin project off Trinidad and Tobago.
McDermott reports ‘strong start’ to 2017
American engineering firm McDermott has reported a "strong start" to 2017 with increased profitability and cash flow.
McDermott plans to build fab yard at Aramco’s east kingdom base
American oilfield services and equipment provider McDermott International intends to build a fabrication yard at a shipbuilding complex planned by national oil giant Saudi Aramco on the kingdom's east coast.
McDermott opens new office in Saudi Arabia
Oilfield service firm McDermott has opened a new office with space for 300 people in Saudi Arabia.
THHE and McDermott part ways on low oil price
TH Heavy Engineering (THHE) said it has parted ways with US engineering firm McDermott.
McDermott lands pipeline contract with Shell in Brunei
Engineering group McDermott has been awarded further pipeline work for 2017 under a multi-year offshore installation contract with Shell in Brunei.
JDR wins Middle East umbilical contracts
Umbilicals specialist JDR has been awarded contracts by McDermott Middle East for two projects in the United Arab Emirates and Qatar.
McDermott confirms Aberdeen office closure
McDermott has confirmed the closure of its Aberdeen business development office.
Report: McDermott considering closure of Aberdeen office
McDermott is said to be considering whether to close its office in Aberdeen.
Io Oil and Gas expands Houston office
Oil and gas consultants Io, has made three senior appointment as the firm establishes itself in the Unites States.