McDermott International has won the front-end engineering design (FEED) contract for Posco's Shwe Phase 3 gas field development, offshore Myanmar.
McDermott International Inc. Chief Executive Officer David Dickson abruptly canceled a public appearance for the second time in two weeks as the energy-engineering company grapples with dwindling investor confidence.
McDermott International Inc. hired restructuring firm AlixPartners for strategic and operational advice as the engineering company, which specializes in building energy infrastructure such as storage tanks and sub-sea pipelines, seeks to shore up its balance sheet, according to a person with knowledge of the matter.
Energy services firm McDermott has been awarded a “large” contract with Saudi Aramco in the Arabian Gulf.
US energy services giants McDermott and Baker Hughes GE have been awarded contracts for the Inpex-operated Ichthys LNG project off Western Australia.
McDermott has won a “large” contract for work on two oil and gas fields off Saudi Arabia.
McDermott International will construct and install subsea risers and flowlines on Petrobras' Sepia field off Brazil.
Energy services firm McDermott fell to a loss of £60.3m in the start of 2019 amid a series of restructuring and transactional costs.
McDermott International and Baker Hughes, a GE company have won contracts with BP for the Greater Tortue Ahmeyim natural gas project offshore Mauritania and Senegal.
Impairments from three large projects stung Houston service company McDermott International, which closed 2018 with a $2.7 billion loss.
Houston-based McDermott International plans to sell its storage tank and U.S. pipe fabrication businesses for more than $1 billion next year.
A partnership of Baker Hughes, a GE company (BHGE), McDermott International and L&T Hydrocarbon have won the £1.3 billion subsea engineering contract for India’s largest deepwater project.
McDermott International, the Houston engineering and construction company, got the go-ahead from Entergy Texas to build a 993-megawatt natural gas power plant in Willis.
TechnipFMC is suing rival McDermott International and its new chief operating officer for the alleged theft of trade secrets that Samik Mukherjee brought with him when he switched companies.
US oilfield service firm McDermott International has won a pipeline installation contract with Mexico's Pemex.
Growing energy engineering and construction firm McDermott International poached its new second-in-command from rival TechnipFMC.
McDermott International has inked a deal to provide transport and installation services for two gas and condensate field developments off Vietnam.
McDermott International has completed its merger with the engineering and construction company CB&I, creating a local company that employs more than 40,000 people and Wall Street values at about $6 billion.
A merger deal between McDermott International and Chicago Bridge and Iron (CB&I) has been approved by shareholders, thwarting attempts by Subsea 7 to block it.
McDermott International has stated it remains “fully committed” to its merger with CB&I following Subsea 7’s rejected takeover bid.
Offshore engineering firm McDermott announced today that it has completed installation and startup on the Vashishta and S1 field contracts, off the east coast of India.
UK-based Subsea 7 has restated its interest in acquiring U.S rival McDermott.
Houston's McDermott International touted its rising profits as it nears the completion of its merger with The Woodlands-based CB&I.
Offshore engineering and construction firm Subsea 7 has confirmed today that it made a bid to acquire US company McDermott.
US engineering firm McDermott International has urged its shareholders to vote in favour of its takover of CB&I.