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McDermott To Explore Strategic Alternatives For Lummus Technology
Qingdao Mcdermott Wuchuan Awarded Module Fabrication Contract For Arctic LNG Project
Petrologistics Awards Mcdermott With Feed Contract For Gulf Coast Project
McDermott International, Inc. is a provider of integrated engineering, procurement, construction and installation (EPCI), front-end engineering and design (FEED) and module fabrication services for upstream field developments across the world. The Company delivers fixed and floating production facilities, pipeline installations and subsea systems from concept to commissioning for offshore and subsea oil and gas projects. It operates through three segments: the Americas, Europe and Africa (AEA), the Middle East (MEA) and Asia (ASA). As of December 31, 2016, operated in approximately 20 countries across the Americas, Europe, Africa, the Middle East, Asia and Australia, its integrated resources include a diversified fleet of marine vessels, fabrication facilities and engineering offices. It support its activities with project management and procurement services, while utilizing its fully integrated capabilities in both shallow water and deepwater construction.
Oil Well Services & Equipment
4424 West Sam Houston, Parkway North
Gary P. Luquette
Non-Executive Independent Chairman of the Board
President, Chief Executive Officer, Director
Stuart E. Spence
Chief Financial Officer, Executive Vice President
Chief Operating Officer, Executive Vice President
Stephen L. Allen
Chief Human Resource Officer, Senior Vice President
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The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:
McDermott International Inc <MDR.N> said on Friday it received takeover interests for all or part of its technology business that could value the unit at over $2.5 billion, sending its shares up about 66% in morning trade.
McDermott International Inc said on Friday it received takeover interests for the acquisition of all or part of its technology business Lummus, that could value the unit at over $2.5 billion.
* Targeting first LNG production in 2024 (Adds Transborders comment)
Sempra Energy said on Friday the $10 billion Cameron liquefied natural gas export terminal in Louisiana had shipped its first cargo, making the plant the fourth big LNG export terminal to enter service in the United States.
Qatar Petroleum awarded McDermott Middle East Inc. an engineering and design contract for pipelines and other facilities in the project to expand the offshore North Field, the energy firm said on Monday.
The U.S. Federal Energy Regulatory Commision (FERC) approved privately-held Freeport LNG's plan to build and operate a fourth liquefaction train at its Freeport liquefied natural gas export terminal in Texas: * Freeport said it expects the U.S. Department of Energy to authorize...
Freeport LNG picked KBR Inc as the preferred bidder for the engineering, procurement, construction, and commissioning (EPC) contract for the fourth liquefaction train at Freeport's liquefied natural gas (LNG) export terminal in Texas: * In a release, KBR said it expects...
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