Chevron Lummus Global Lands 'Sizeable' Deal with Asian Refiner
Oilfield services firm McDermott International has informed that its Chevron Lummus Global (CLG), McDermott's joint venture with Chevron, has been awarded a sizeable contract by a Southeast…
McDermott Bankruptcy Filing Imminent -Bloomberg
Oilfield services provider McDermott International Inc is preparing to file for bankruptcy as soon as next week, Bloomberg reported on Friday, citing people with knowledge of the matter.The…
Freeport LNG Kicks Off Train 2
US-based Freeport LNG has started commercial operations at its second of three planned liquefaction trains.Freeport LNG Train 3 remains on track to meet its previously announced schedule…
Offshore Energy Outlook for 2020
The “new normal” is a phrase tossed around often in offshore energy circles today as those servicing and operating in the sector grapple with the harsh realities of the prolonged industry downturn.
Louisiana LNG Unit Starts Production
Train 2 of the Cameron LNG project in Hackberry, Louisiana, has begun producing liquefied natural gas (LNG), announced McDermott International and its joint venture partner, Chiyoda International Corporation…
McDermott Appoints Krummel as CFO
McDermott International announced the appointment of Chris Krummel as Executive Vice President, Chief Financial Officer, effective immediately. Krummel joined McDermott in 2016 and…
McDermott in Financing Deal of Up to $1.7 Bln
U.S. oilfield services company McDermott International Inc on Monday agreed with some of its lenders for additional funding of up to $1.7 billion, sending its shares up 25% in trading before the bell.Under the terms…
McDermott GetsTakeover interest for its Lummus unit
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.McDermott's shares up about 70% in
McDermott JV Bags Arctic LNG-2 Deal
Engineering services firm McDermott International announced that its joint venture Qingdao McDermott Wuchuan Offshore Engineering Co. Ltd (QMW) in Qingdao, China, has been awarded a…
First Production for Freeport LNG
Freeport LNG has reached a new milestone - it has become the sixth major US liquefaction facility to start up, with the operator confirming that production had begun at the Texas facility."McDermott…
PetroLogistics Contract Goes to McDermott
Texas-based PetroLogistics II, a portfolio company of Quantum Energy Partners, has awarded McDermott International, Inc. a contract to provide front-end engineering design (FEED) services for a new U.S.
Freeport LNG Reaches Milestone
Freeport LNG has reached final commissioning on Train 1 of its liquefaction project on Quintana Island in Freeport, Texas, following months of construction delays.American multinational…
McDermott Wins Pre-FEED Gig by YPF
American multinational engineering company McDermott International announced it has been awarded a contract by Argentina-based YPF to provide pre-front-end engineering design (Pre-FEED)…
McDermott-Chiyoda Sign Cameron LNG Deal
American multinational company McDermott International and its joint venture member Chiyoda have reached an agreement with Cameron LNG related to the construction of its LNG liquefaction…
EPC Contract Awarded for Mozambique LNG
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 Gas (LNG) Development…
Qatar Awards FEED Contract to McDermott
Qatar Petroleum said it has awarded the front end engineering and design (FEED) contract for the North Field Expansion Project’s offshore pipelines and topsides facilities to McDermott…
Oil&Gas Industry Records 1242 Contracts in Q1
The Oil and Gas industry reported 1242 contracts, of which 1178 were awarded contracts, said Quarterly Oil & Gas Industry Contracts Review.Europe, the Middle East and Africa (EMEA)…
CSV Southern Ocean Wins Fugro Offshore Gig
Construction support vessel (CSV) Southern Ocean, which is jointly owned by Bourbon and Oceanteam, has been hired to support Fugro off the coast of Australia."Bourbon - Oceanteam’s…
Feed Gas Introduced at Cameron LNG
Cameron LNG has begun pipeline feed gas flow to the first liquefaction train of the liquefaction-export project as it prepares to begin production of liquefied natural gas (LNG) at the facility in Hackberry…
NextDecade Receives EPC Bid Packages
NextDecade Corporation, a liquefied natural gas (LNG) development company focused onLNG export projects and associated pipelines in the State of Texas, announced that it has received bid packages from each of Bechtel Oil…
