McDermott International Inc. has announced that it has been awarded three separate projects by a major national oil company for the integrated engineering, procurement, construction, and installation (EPCI) services in multiple fields in the Arabian Gulf. In addition to this, there has also been an award of an additional scope on an existing contract, also being executed in the Arabian Gulf.
These projects combined are a substantial brownfield award for McDermott and have a total scope, including the EPCI for jackets and topsides, subsea pipelines and subsea cables.
Work on the projects is to be executed through 4Q17.
“These awards are due, in part, to McDermott’s ability to provide a highly efficient solution with schedule certainty and draws upon our in-depth knowledge and experience working offshore in the Middle East area over many years,” said Linh Austin, McDermott Vice President, Middle East.
Engineering is expected to be carried out by McDermott’s specialist teams in Dubai, U.A.E.; and, Chennai, India. Revenue from the contract awards will be included in McDermott’s 1Q16 backlog.
Edited from press release by Angharad Lock
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/06052016/mcdermott-awarded-three-offshore-epci-projects-626/