Mcdermott Wins Significant Contract with QatarGas for Work on 8 Offshore EPCI Jackets

Graphic for News Item: Mcdermott Wins Significant Contract with QatarGas for Work on 8 Offshore EPCI Jackets

McDermott bagged a significant contract, between U$ 50 to 250m, with QatarGas to work on eight Offshore EPCI Jackets

– McDermott to provide full suite of engineering, procurement, construction and installation (EPCI) services for facilities expansion

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– Work includes eight new offshore jackets for Qatargas

– Award affirms McDermott’s operational expertise in the Middle East

McDermott International, Inc. (NYSE: MDR) announced today that , a large contract awarded from Qatargas for engineering, procurement, construction and installation (EPCI) for expansion of the North Field offshore facilities in the State of Qatar.

The contract for new facilities includes the full suite of EPCI services for eight new offshore jackets.

McDermott plans to use its project management and engineering teams in Doha, Qatar, with fabrication primarily taking place at McDermott’s facilities in Batam, Indonesia. Vessels Derrick Barge 50 and Derrick Barge 27 from McDermott’s global fleet are scheduled to undertake the installation and completions work, company said.

The work is expected to begin immediately and will be booked into McDermott’s second quarter 2019 backlog.

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