MDR News and Press, McDermott International Inc. From 11/04/19

HOUSTON , Nov. 4, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today reported revenues of $2.1 billion , a net loss of $1.9 billion , or $(10.37) per diluted share, and an operating loss of $1.7 billion for the third quarter of 2019.  The net loss was due...

HOUSTON , Oct. 30, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced the signing of a Memorandum of Understanding (MOU) with Darwin Clean Fuels Pty Ltd. The MOU is for the feasibility study, technology, front-end engineering design (FEED) and engineering ...

HOUSTON , Oct. 28, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced substantial completion of PEMEX Exploracion y Produccion's Abkatun-A2 Platform. The production platform is located in Mexico's Bay of Campeche in the Gulf of Mexico . This milestone mean...

McDermott ( MDR -5% ) says it was awarded a sizeable fabrication subcontract for the BP-operated Greater Tortue Ahmeyim natural gas project offshore Mauritania and Senegal. More news on: McDermott International, Inc., Energy stocks news, Read more ...

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HOUSTON , Oct. 24, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) announced it has been awarded a sizeable* fabrication subcontract for the Greater Tortue Ahmeyim natural gas project. "This award reflects the value of holistic project planning to get the best outcom...

Note: I have covered McDermott International ( MDR ) previously, so investors should view this as an update to my earlier articles on the company. On Tuesday, I provided my assessment of McDermott's new, up to $1.7 billion bridge loan facility from a consortium of existin...

The market reaction to the announcement that McDermott International ( MDR ) secured $1.7 billion of loan financing has got to leave a neutral observer scratching their head. Clearly, the market reaction showed that logic was in short supply. The announcement of any financing was a major a...

Note: I have covered McDermott International ( MDR ) previously, so investors should view this as an update to my earlier article on the company. On Monday, ailing oil-and-gas engineering and construction company McDermott International secured an up to $1.7 billion bridge loan...

HOUSTON , Oct. 22, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) announced it has been awarded a large* contract by Saudi Aramco and Total Raffinage Chimie (Total) to provide licenses, basic engineering package, extended basic engineering, training, technical service...