Items Tagged with 'McDermott'

Abu Dhabi National Oil Co. has advanced its Upper Zakum offshore expansion, moving one of the world's largest oil field developments toward construction, with unconfirmed reports that UAE-based NMDC Energy, U.S.-based McDermott International and Italian contractor Saipem have received project awards,

Shutdown of shipping through Persian Gulf is "far more than an energy crisis,” says Wood-Mackenzie analysis—as contractor McDermott International sees growth in region infrastructure restoration work.

US contractor McDermott International Ltd. has been awarded a front-end engineering contract by a unit of Spain-based energy company Repsol to develop the Polok and Chinwol oil fields in the Gulf of Mexico.

The contractor does not "admit or deny" charges on legacy project accounting violations, says federal regulator, but it cooperated with financial reporting probe—as agency reached similar pact with former McDermott executives in June.