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HOUSTON , June 13, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced that it has been awarded a sizeable* technology contract by Ningbo Union King Polyester Material Limited for the technology license, process design engineering, and operator training ser...
McDermott (NYSE: MDR ) says its CCS joint venture with Saipem ( OTCPK:SAPMY ) and Chiyoda was awarded an engineering, procurement and construction contract for Anadarko Petroleum's (NYSE: APC ) Mozambique liquefied natural gas project. More news on: McDermott International, Inc., Anadark...
HOUSTON , June 5, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced that CCS JV, a joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for a contract with Anadarko Petroleum Corporation for the Mozambique Area 1 Liquefied Natural ...
U.S. crude oil closed at its lowest since mid-February , as Pres. Trump's tariff threat against Mexico compounds concerns about global economic growth, already at risk due to the U.S.-China trade war; WTI July crude settled -5.5% to $53.30/bbl, Brent -3.6% to $64.49/bbl. More news on:...
HOUSTON , May 31, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced that the first cargo of liquefied natural gas (LNG) has been shipped from the Cameron LNG project in Hackberry, La. On May 14 , McDermott announced first liquid from Cameron LNG Train ...
McDermott ( MDR +1.4% ) wins a "significant" award from Qatar Petroleum for a front end engineering design contract for the North Field expansion project's offshore pipelines and topsides facilities; MDR considers a "significant" award in the $250M-$500M range. More news on: McDer...
HOUSTON , May 23, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today reaffirmed its previously disclosed schedule for the Freeport LNG project in Freeport, Texas . As disclosed on April 29, 2019 , McDermott expects initial LNG production from the third and final tra...
HOUSTON , May 23, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced that it has been awarded a sizeable* technology contract by MOL Petrochemicals for the basic engineering, technology license, catalyst and Front End Engineering Design (FEED) for an Ol...
Sempra Energy (NYSE: SRE ) has asked U.S. energy regulators for a 15-month extension until September 2020 to complete the $10B Cameron liquefied natural gas export terminal in Louisiana. More news on: Sempra Energy, McDermott International, Inc., Energy stocks news, Read more .....
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...
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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. ...