McDermott Subsidiary Wins Arabian Gulf Contract

January 2014, Vol. 241 No. 1

A McDermott International Inc. subsidiary was awarded an EPCI project in the Arabian Gulf valued at US$200 million. The contract includes the fabrication, transportation and installation of offshore facilities including two production deck modules and ten observation platforms.

The scope also includes works for two subsea pipeline installations, three submarine power cables and two fiber optic cables.

Installation will be carried out using vessels from its global fleet which are expected to mobilize in the end of the second quarter. Project completion, including hookup and commissioning, is expected early next year.