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HOUSTON, Feb. 1, 2026 /PRNewswire/ -- McDermott has been awarded a decommissioning definition engineering contract by QatarEnergy for the State of Qatar's inaugural offshore decommissioning initiative.
Accreditation Recognizes Commitment to Energy Efficiency, Decarbonization of Marine Fleet
HOUSTON, March 31, 2026 /PRNewswire/ -- McDermott, together with its joint venture partner Chiyoda International Corporation (CIC), has substantially completed construction and commissioning of Train 1 of the Golden Pass LNG Project in Sabine Pass, Texas. Subsequently, Golden Pass LNG Terminal LLC led start-up operations and have achieved first LNG on Train 1, a landmark achievement in the delivery of one of North America's most significant LNG developments.
Lower‑carbon infrastructure solutions and responsible project execution drive progress
Results Reflect Strong Operational Performance and Outperformance of 2025 GuidanceRevenue of $10.0 billion for the yearBacklog Reaches $18.2 billionHOUSTON, April 7, 2026 /PRNewswire/ -- McDermott International, Ltd ("McDermott" or the "Company") today announced financial results for the fourth quarter and full year 2025.
Strong Results Outperform 2026 Annual Business Plan Revenue of $2.4 billion for the quarterTTM adjusted EBITDA reaches $489 millionHOUSTON, May 18, 2026 /PRNewswire/ -- McDermott International, Ltd ("McDermott" or the "Company") today announced financial results for the first quarter 2026.
HOUSTON, June 3, 2026 /PRNewswire/ -- McDermott, via McDermott Nederland B.V., has been selected by Aramco as one of the 11 selected contractors for a Project Management Consultancy (PMC) Long-Term Agreement (LTA) to support delivery of large-scale energy, downstream, petrochemical and low carbon projects across the Kingdom of Saudi Arabia.
HOUSTON, July 1, 2026 /PRNewswire/ -- McDermott International, Ltd ("McDermott" or the "Company") today announced the pricing of USD $550 million aggregate principal amount of 10.5% senior secured first lien bonds due July 2031 in the Nordic market. Net proceeds from the bond issue will be deposited in an escrow account, with final disbursement to McDermott contingent upon satisfaction of certain conditions, including successful consummation of the other elements of the refinancing transactions.