McDermott and Zamil Offshore Sign JV To Serve MMO Market in Saudi Arabia
McDermott will work exclusively with Zamil Offshore to provide Saudi Aramco with maintenance, modifications and operations services.
Qatar Petroleum, ExxonMobil Make FID on Golden Pass LNG
The Golden Pass LNG export project got the go-ahead for a $1-billion liquefaction development. Baker Hughes will supply turbomachinery equipment for three LNG trains. Startup is expected in 2024.
LLOG Awards McDermott Subsea Tiebacks Contract for Stonefly in Gulf of Mexico
LLOG’s subsea pipeline tiebacks and structures connecting the Stonefly development to the Ram Powell platform are scheduled to be installed in Q3 2019.
McDermott Nets Subsea Tieback Contract for Pemex's Ayatsil Field
The deal covers the installation of a pair of rigid flowlines for the shallow heavy oil field, Pemex’s largest discovery to date. Work is expected to be completed early next year.
McDermott Makes Headway With New Projects
The engineering and construction company announced that it had achieved a pair of milestones for BP’s Angelin and Pemex’s Abkatun-A2 platforms, both of which are scheduled for delivery within the next two fiscal quarters.
Catalysts for Offshore Progress: Service Company Partnerships, M&As
Executives from several service companies involved in the offshore space—including two sides of a recent hostile takeover bid—came together at OTC to discuss the virtues of collaboration and rationale behind M&A.
McDermott Rejects Acquisition Offer From Subsea 7, Plans To Move Forward With CB&I Deal
McDermott’s board of directors rejected an acquisition offer from Subsea 7, which called for McDermott to abandon its planned $6-billion combination with CB&I. McDermott’s special meeting of stockholders, which was scheduled earlier to address the CB&I deal, will be held on 2 May.
McDermott, BHGE Appointed for Joint FEED Studies on Tortue/Ahmeyim Field
The two companies will collaborate to define the technology and equipment scope for an initial four-well development phase for BP’s major West African offshore gas project.
McDermott, CB&I To Combine in $6-Billion Deal
McDermott and CB&I will form a vertically integrated onshore-offshore construction and engineering services provider. Other deals include Jacobs Engineering Group acquiring CH2M and the expected close by year end of the Schlumberger and Weatherford OneStim JV.
Reliance Awards McDermott Contract for KG-D6 Subsea Development
McDermott announced a letter of award for a contract from Reliance Industries for the deepwater KG-D6 subsea field development in the Krishna Godavari Basin.
McDermott Completes Load-Out and Installation of First Jacket From Dammam Fabrication Yard
The load-out of a jacket for the Safaniya oil field marks the first jacket delivered to Saudi Aramco from McDermott’s recently opened Dammam fabrication yard.
McDermott and Nakilat-Keppel Marine Enter 5-Year Agreement in Qatar
McDermott and Nakilat-Keppel Offshore Marine (N-KOM) agreed to an exclusive cooperation agreement for offshore engineering, procurement, construction, and installation projects within Qatari waters.
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26 March 2019
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