HOUSTON, Oct. 10, 2024 /PRNewswire/ -- CB&I, a wholly owned unrestricted subsidiary of McDermott, has been awarded a sizeable* lump sum contract by the Saipem Clough joint venture for engineering, procurement and construction (EPC) of ammonia storage and other process tanks for the Perdaman Chemicals and Fertilisers Urea Plant located on the Burrup Peninsula, Western Australia.

Transaction Follows Comprehensive Marketing Process, Culminating in Winning Offer From a Consortium Led by Mason Capital Management

HOUSTON, Oct. 3, 2024 /PRNewswire/ -- McDermott has been awarded an engineering, procurement, construction and installation (EPCI) contract by QatarEnergy LNG for the North Field South (NFS) Offshore Pipelines and Cables Project.

HOUSTON, Sept. 18, 2024 /PRNewswire/ -- CB&I, a wholly owned unrestricted subsidiary of McDermott, and Korean world-class shipbuilder Hanwha Ocean have received Approval in Principle (AiP) for the design of a cargo containment system and an 80,000 m3 liquid hydrogen (LH2) carrier from DNV, a leading classification society for shipping.

HOUSTON and SINGAPORE, Sept. 19, 2024 /PRNewswire/ -- McDermott and BW Offshore have entered into a collaboration to advance the technical and commercial viability of offshore blue ammonia production.

HOUSTON, Sept. 30, 2024 /PRNewswire/ -- McDermott, through a consortium with Saipem and China Petroleum Engineering and Construction Corporation, has been awarded a front-end engineering design (FEED) contract for the Rovuma LNG Phase 1 Project in Mozambique, a joint venture between ExxonMobil Development Africa B.V., Eni S.p.A. and CNODC Dutch Cooperatief U.A.

HOUSTON, Sept. 19, 2024 /PRNewswire/ -- Kawasaki Heavy Industries, Ltd. (Kawasaki) and CB&I, a wholly owned unrestricted subsidiary of McDermott, announced today their signing of a strategic agreement for promoting a commercial-use liquefied hydrogen (LH2) supply chain and realizing a zero-carbon-emission society.

HOUSTON, Aug. 12, 2024 /PRNewswire/ -- McDermott has been awarded an engineering, procurement, construction, installation (EPCI), hook up and commissioning contract by Shell Trinidad and Tobago Limited for the Manatee gas field development project, located 60 miles (100 kilometers) off the southeast coast of Trinidad and Tobago.

HOUSTON, March 27, 2024 /PRNewswire/ -- McDermott has been awarded a sizeable* offshore transportation, installation and commissioning contract from PTTEP Sabah Oil Limited (PTTEP) for the Kikeh subsea gas lift project, located 75 miles (120 kilometers) northwest of the island of Labuan, offshore Sabah in East Malaysia.

Extends Company Financing Three Years

Fully and Finally Resolves Reficar Arbitration Award and Related Liabilities

Timely Completes All Legal Proceedings in the Netherlands and the UK