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McDermott awarded platform installation in GoM

Oilfield Technology,

McDermott International announced that one of its subsidiaries has been awarded a contract to provide transportation and installation services to Walter Oil & Gas Corporation for the Megalodon platform, located in South Timbalier Block 311, in the Gulf of Mexico.

The project will be included in McDermott’s Q3 2014 backlog.

The McDermott heavy-lift vessel, Derrick Barge 50, will install the Megalodon platform in 391 ft of water, over an existing well site in the Gulf of Mexico.

“McDermott is pleased to work again for Walter to support its drilling and production activities. This project supports our goal to maximize our asset utilization between large contracts through short term transportation and installation work,” said Dominic Savarino, Vice President and General Manager, Americas.

McDermott will provide all materials and equipment to transport and install the six-pile platform in 391 ft of water, over an existing well site. The heavy-lift Derrick Barge 50 will perform a side-lift of the 3300-ton jacket and set the 2100-ton topsides.

Installation is expected to commence in Q4 2014.

Adapted from press release by Katie Woodward

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