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HOUSTON , May 22, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today reaffirmed its previously disclosed schedule for the Cameron LNG project in Hackberry, Louisiana . As disclosed on April 29, 2019 , McDermott expects initial LNG production from the third and final...
Pres. Trump abruptly cuts off a White House meeting with House Speaker Pelosi and Senate Minority Leader Schumer, saying he would not negotiate on infrastructure legislation with Democrats while he remains under investigation by various committees. More news on: Fluor Corporation, M...
This article is part of a series that provides an ongoing analysis of the changes made to Prem Watsa’s 13F portfolio on a quarterly basis. It is based on Watsa’s regulatory 13F Form filed on 05/15/2019. Please visit our Tracking Prem Watsa’s Fairfax Financial Holdings P...
The Federal Energy Regulatory Commission approves a fourth train at the Freeport LNG export terminal in Texas that would add as much as 5.1M mt/year of liquefaction capacity to the facility. More news on: KBR, Inc., McDermott International, Inc., The United States Natural Gas ETF, LP, En...
McDermott ( MDR +2.1% ) announced the award of a significant ($250M - $500M) contract by Petrobras for engineering, procurement, construction and installation of subsea risers and flowlines for the first phase of the Sepia field. More news on: McDermott International, Inc., Stocks on t...
HOUSTON , May 14, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced that Train 1 of the Cameron LNG project in Hackberry, La. , has begun producing liquefied natural gas (LNG). While production is in the initial phases, this significant project milestone is a...
HOUSTON , May 14, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced the award of a significant* contract by Petrobras for engineering, procurement, construction and installation of subsea risers and flowlines for the first phase of the Sepia field, located 174...
HOUSTON , May 13, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced that it has been awarded a sizeable* technology contract by Chennai Petroleum Corporation Limited (CPCL), a group company of IndianOil, for the license, basic engineering design and propr...
HOUSTON , May 9, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) announced it has been awarded a sizeable* contract by ADNOC to provide FEED services on a design-competition basis for phase one of the Umm Shaif Gas Cap Condensate Development Project. The scope of work also ...
HOUSTON , May 7, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today reiterated the position it had announced on April 29, 2019 , that its Cameron LNG project did not experience any material change in its cost position in the first quarter of 2019. The company's statem...
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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. ...