McDermott Scoops Up ‘Significant’ Middle East Project

McDermott has been awarded for a contract between USD $250 million and USD $500 million for the engineering, procurement, construction and installation (EPCI) services for an offshore Middle East redevelopment project.

McDermott plans to fabricate and install four wellhead topsides, a manifold platform and jacket together with associated subsea pipelines and brownfield tie-in works.

The combined total weight of the structures is approximately 7,000 tons (6,400 metric tons) and includes 47 miles (75 kilometers) of onshore and offshore pipeline and umbilicals.

“McDermott has been working in the Middle East region for 54 years and has a proven track record of executing complex offshore projects with certainty. The award of this redevelopment contract is a strong testament to our ability to combine the right offshore assets and superior execution strategy,” said Linh Austin, McDermott vice president, Middle East and Caspian.

This contract builds on the delivery of four jackets in 2016 as part of an earlier phase in the redevelopment project.

Fabrication work is expected to begin in the third quarter of 2018 and offshore installation is planned to begin in the second quarter of 2019. The contract award is expected to be reflected in McDermott’s 2017 fourth quarter backlog.

Share this article

Follow Subsea World News

Events>

<< Jan 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

Shallow and Deepwater Mexico Exhibition and Conference

Shallow and Deepwater Mexico, an offshore oil and gas exhibition and conference is the key center for the international offshore oil and gas community in Mexico. 

read more >

Underwater Intervention (UI) 2020

Underwater Intervention Conference is a conference where oil and gas industry professionals, senior decision…

read more >

Subsea Expo 2020

Subsea Expo is the world’s largest subsea exhibition and conference and is completely free to attend.

read more >

Oceanology International 2020

Exhibitors from industry, government and research institutions share their knowledge and come…

read more >