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HOUSTON , April 15, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) and its joint venture partner, Chiyoda International Corporation, a U.S.-based wholly-owned subsidiary of Chiyoda Corporation, Japan , today announced that Train 1 of the Cameron LNG project in Hackberry,...
HOUSTON , April 12, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) announced today a large* contract award from Qatargas for engineering, procurement, construction and installation (EPCI) for expansion of the North Field offshore facilities in the State of Qatar . ...
HOUSTON , April 3, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced that Chevron Lummus Global (CLG), McDermott's joint venture with Chevron, has been has been awarded a sizeable* technology contract by Chennai Petroleum Corporation Limited (CPCL) for the lic...
US contractor McDermott ( MDR +3% ) will provide maintenance, modifications, and operations services to state-held oil and gas company Saudi Aramco ( ARMCO ), through JV with Zamil Offshore, one of the largest offshore and marine services providers in the Middle East. More...
HOUSTON , April 2, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) announced it has signed a Joint Venture Agreement with Zamil Offshore to target the Maintenance, Modifications and Operations (MMO) market in Saudi Arabia . McDermott and Zamil will work together on an e...
Introduction I have been planning to devote an article to McDermott International (MDR) for some time. Other responsibilities in my consulting business delayed in carrying out this task. Fortunately, the market seems to be asleep on this one as well. You can see from the screen capture below...
The Freeport liquefied natural gas export plant in Texas moves closer to entering service after the Federal Energy Regulatory Commission approved its request to introduce hazardous fluids to start the liquefaction flare pilot system, a key step in the process for LNG terminals as they prep...
The following slide deck was published by McDermott International, Inc. in conjunction with this Read more ...
McDermott ( MDR +1% ) says it was awarded a substantial contract with Saudi Aramco for engineering, procurement, construction and installation of facilities in Saudi Arabia; MDR defines a "substantial" contract as between $500M-$750M. More news on: McDermott International, Inc., Energy...
HOUSTON , March 26, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) announced today a sizeable* contract award from Unipetrol RPA for engineering, procurement and construction management (EPCM) services for its refinery in Litvinov, Czech Republic . The contract in...
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NEW YORK , Jan. 21, 2020 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) will replace Tanger Factory Outlet Centers, Inc. (NYSE:SKT) in the S&P MidCap 400 and Tanger Factory Outlet Centers will replace McDermott International, Inc. (NYSE:MDR) in the S&P SmallCap 600 effective prior...
HOUSTON , Jan. 21, 2020 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) ("McDermott") today announced that it has the support of more than two-thirds of all its funded debt creditors for a restructuring transaction that will equitize nearly all the Company's funded debt, elimina...
HOUSTON , Jan. 17, 2020 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) with its partners, Chiyoda International Corporation and Zachry Group, today announced the beginning of commercial operation of Train 2 of the Freeport LNG project, owned by Freeport LNG Development, L.P. ...