McDermott International Inc (MDR) Company Profile | Reuters.com
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Profile: McDermott International Inc (MDR)

MDR on New York Consolidated

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24 Jun 2016
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McDermott International, Inc., incorporated on August 11, 1959, is a provider of integrated engineering, procurement, construction and installation (EPCI) and module fabrication services for upstream field developments. The Company delivers fixed and floating production facilities, pipeline installations and subsea systems from concept to commissioning for complex offshore and subsea oil and gas projects. The Company operates through three segments: the Americas, Europe and Africa (AEA); the Middle East (MEA), and Asia (ASA). Operating in approximately 20 countries across the Americas, Europe, Africa, the Middle East, Asia and Australia, its integrated resources include a fleet of marine vessels, fabrication facilities and engineering offices. The Company supports its activities with project management and procurement services, while utilizing its integrated capabilities in both shallow water and deepwater construction. Its customers include national, integrated and other oil and gas companies, and the Company operates in various offshore oil and gas producing regions throughout the world.

AEA

Through the Company's AEA segment, which includes the Americas, Europe and Africa, the Company serves the needs of customers primarily in the United States, Brazil, Mexico, Trinidad, the North Sea, West Africa and East Africa. Project focus in this segment includes the fabrication and offshore installation of fixed and floating structures, and the installation of pipelines and subsea systems. Its engineering and procurement services are supported by engineering resources in Chennai, India, Dubai, London, the United Kingdom and Houston, Texas. The primary fabrication facility for this segment is located in Altamira, Mexico.

MEA

Through the Company's MEA segment, which includes the Caspian region, the Company serves the needs of customers in Saudi Arabia, Qatar, Kuwait, India, Azerbaijan and Russia. Project focus in this segment relates primarily to the fabrication and offshore installation of fixed and floating structures, and the installation of pipelines and subsea systems. The majority of its projects in this segment are performed on an EPCI basis. Engineering and procurement services are provided by its Dubai, Chennai, India and Al Khobar, Saudi Arabia offices, and are supported by additional resources from its Houston, Texas office. The primary fabrication facility for this segment is located in Dubai.

ASA

Through the Company's ASA segment, the Company serves the needs of customers primarily in Australia, Indonesia, Brunei, India, Malaysia, Vietnam and Thailand. Project focus in this segment includes the fabrication and offshore installation of fixed and floating structures, and the installation of pipelines and subsea systems. The majority of its projects in this segment are performed on an EPCI basis. Engineering and procurement services are provided by its Singapore office and are supported by additional resources located in Chennai, India, Dubai, and Houston, Texas. The primary fabrication facility for this segment is located in Batam Island, Indonesia. Additionally, through its equity ownership interest in over two separate ventures, the Company has access to fabrication capacity in China and Malaysia.

The Company competes with Allseas Marine Contractors S.A., Dragados Offshore Mexico, S.A., Gulf Island Fabrication Inc., Heerema Group, KBR, Inc., Kiewit Corporation, Saipem S.P.A., Ceona Services Ltd, Seaway Heavy Lifting Shipping Ltd, Hyundai Heavy Industrial Co. Ltd., Larsen and Toubro Ltd, National Petroleum Construction Company, Valentine Maritime (Gulf) L.L.C., Petrofac International Ltd, China Offshore Oil Engineering Co. Ltd., Daewoo Shipbuilding and Marine Engineering Co. Ltd., EMAS Aker Marine Contractors, Malaysia Marine and Heavy Engineering Holdings Berhad, Nippon Steel Corporation, Samsung Heavy Industries Co., Ltd., Sapura Kencana Petroleum & TL Offshore, Sembcorp Marine Offshore Engineering, Subsea 7 S.A., Swiber Holdings Ltd. and Technip S.A.

Company Address

McDermott International Inc

777 N Eldridge Pkwy
HOUSTON   TX   77079-4425
P: +1281.8705000

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