Connecting gears of the energy transition

The energy transition is one of the greatest challenges of our time.

UTEC Wraps Up Survey Work for McDermott in Middle East

UTEC, a global surveying company in the Acteon group, has completed consecutive as-built and post-construction, ...

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BHP Hires McDermott for Ruby Work Off Trinidad and Tobago

McDermott International has secured a large contract by BHP to provide subsea umbilicals, risers and flowlines ...

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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 20 – ...

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McDermott Strikes Restructuring Deal;to File for Chapter 11

McDermott said it has secured the support of more than two-thirds of all its funded debt creditors for a ...

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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 (December 16 – ...

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McDermott Gets ‘Heads Up’ from NYSE

McDermott said it has been formally notified by the New York Stock Exchange that the average closing price of the ...

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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 (December 02 – ...

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McDermott Secures Access to Financing and Forbearance Deal

McDermott said it has been granted access to the second tranche of the $1.7 billion superpriority senior secured ...

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McDermott Starts Jackets Delivery for North Field Expansion

The first two jackets required for North Field Expansion (NFE) project have been completed, Qatar Petroleum said on ...

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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 (November 04 – ...

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McDermott Names New Chief Financial Officer

McDermott International has appointed Chris Krummel as executive vice president, chief financial officer, effective ...

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McDermott Posts Q3 Loss of $1.9B

McDermott has reported quarterly loss of $1.9 billion, or $10.37 per diluted share, compared to profit of $2 ...

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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 (October 21 – ...

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McDermott Fabrication Subcontract for Greater Tortue Ahmeyim

McDermott International has secured a fabrication subcontract, worth between USD 1 million and USD 50 million, for ...

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McDermott Secures $1.7B Funding

McDermott has entered into an agreement with certain of its secured lenders under which the company will have ...

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Nexans Wins Umbilical Contract from McDermott

Nexans has received a contract from McDermott Marine Construction to supply approximately 100 km subsea umbilicals ...

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Saudi Aramco Taps McDermott for Hasbah Gas Field Work

McDermott has been awarded a contract by Saudi Aramco for production deck module (PDM) in the Hasbah gas field with ...

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McDermott and BHGE Score Ichthys Deal

McDermott and BHGE have been awarded contracts to provide a joint URF and SPS solution for the Inpex-operated ...

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Red Ink Flows for McDermott

McDermott has reported quarterly loss of $146 million, or 80 cents per diluted share, compared to profit of $47 ...

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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 (July 22 – July ...

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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 (July 15 – July ...

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