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Slowly but surely, things appear to be improving for McDermott International (MDR), an energy infrastructure company that acquired beleaguered firm Chicago Bridge & Iron last year. In the latest development, the company announced not one, but two awards from Saudi Aramco related to EPCI work. Collectively, these contracts are worth more than $4.5 billion, and while two contracts alone won’t fully turn the company’s fortunes around, these ones are a nice start and, if executed appropriately, should help to deliver significant value to McDermott and its shareholders moving forward.