McDermott award for Middle East redevelopment project
Published by Stephanie Roker,
Editor
World Pipelines,
McDermott International, Inc. has announced a letter of award for a significant contract (between US$250 million - 500 million) for the engineering, procurement, construction and installation (EPCI) services for an offshore Middle East redevelopment project.
McDermott plans to fabricate and install four wellhead topsides, a manifold platform and jacket together with associated subsea pipelines and brownfield tie-in works. The combined total weight of the structures is approximately 7000 t and includes 47 miles (75 km) of onshore and offshore pipeline and umbilicals.
“McDermott has been working in the Middle East region for 54 years and has a proven track record of executing complex offshore projects with certainty. The award of this redevelopment contract is a strong testament to our ability to combine the right offshore assets and superior execution strategy,” said Linh Austin, McDermott Vice President, Middle East and Caspian.
McDermott has a long-standing relationship with this client and vast experience in this field. This award builds on the successful delivery of four jackets in 2016 as part of an earlier phase in the redevelopment project.
Fabrication work is expected to begin in the third quarter of 2018 and offshore installation is planned to begin in the second quarter of 2019. The contract award is expected to be reflected in McDermott’s 2017 fourth quarter backlog.
Read the article online at: https://www.worldpipelines.com/business-news/02112017/mcdermott-award-for-middle-east-redevelopment-project/
You might also like
World Pipelines Podcast: All things Canada, with the PLCAC
Elizabeth Corner speaks to Kevin O’Donnell, Executive Director of the PLCAC, about how membership organisations benefit the pipeline sector and those who work in it, discussing events, networking, resources, training, skills development, and learning.
Wood Mackenzie: US oil tariffs on Canada and Mexico would significantly impact North American crude flows
US oil tariffs on Canada and Mexico would initiate a significant shift in crude flows in North America as higher prices would push a portion of US imports into overseas markets, according to a recent report from Wood Mackenzie.
