McDermott Enters USD 810 Million Credit Agreement

McDermott International has entered into a 5-year amended and restated credit agreement with $810 million of ...

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PJ Group Lands McDermott T&T Deal

PJ Valves (PJV) and PJ Piping (PJP) have been awarded a major contract by McDermott to supply valves and piping ...

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Oceanteam Completes Sale of PLV North Ocean 105

Norwegian-Dutch offshore service provider Oceanteam and its joint venture partner McDermott have closed the sale of ...

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Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (June 12 – June ...

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McDermott Delivers First Jacket from Dammam Yard

McDermott has recently celebrated a milestone with the load-out and installation of the first jacket fully ...

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Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (June 05 – June ...

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McDermott Nets Angelin EPCIC Work from BP

McDermott has been awarded an engineering, procurement, construction, installation and commissioning (EPCIC) ...

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McDermott to Expand Presence in Saudi Arabia

McDermott International has signed a memorandum of understanding (MoU) with Saudi Aramco to expand and develop the ...

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McDermott Names New VP, Treasurer and Investor Relations

Houston-based offshore EPCI player McDermott has appointed Ty Lawrence as vice president, treasurer and investor ...

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McDermott to Take Ownership of North Ocean 105 in June

Norwegian-Dutch offshore service provider Oceanteam said it has received the written notice from its joint venture ...

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McDermott Ups Guidance as It Returns to Profit

Houston-based McDermott posted quarterly profit of $21.9 million, or $0.08 per fully diluted share, compared to net ...

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Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (March 06 – ...

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McDermott to Build New Facility in Saudi Arabia

McDermott International has signed a memorandum of understanding with Saudi Aramco for a long-term land lease at ...

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McDermott Clinches Subsea Tieback Deal from Hess

McDermott International has been awarded a contract from Hess Corporation for subsea tieback work for the deepwater ...

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Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (February 20– ...

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McDermott Narrows Q4 Loss and Delivers Profit in 2016

Houston-based McDermott posted quarterly net loss of $0.5 million, or $0.00 per fully diluted share, compared to ...

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McDermott Strengthens Subsea Fleet

McDermott has confirmed the acquisition of the newly-built pipelay and construction vessel Amazon to boost ...

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Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (January 30– ...

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Mcdermott Grabs Ceona Amazon?

The Houston-based offshore EPCI player, McDermott, has reportedly struck a deal to acquire the pipelay and ...

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Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (January 23 – ...

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Ocean Installer Scores Its First in OZ

Norwegian subsea player Ocean Installer said it has been awarded a contract for riser installation work in ...

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