AmericasMiddle EastOffshore
McDermott scores major EPCI contract in the Middle East
Houston-based offshore services firm McDermott International has announced a major contract award from the Middle East for engineering, procurement, construction and installation services in the Arabian Gulf.
The project, with an unnamed client, is expected to commence immediately and is worth somewhere in the region of $750m to $1.5bn.
Linh Austin, VP for Middle East and Caspian at McDermott, commented: “McDermott continues to receive considerable projects in the Middle East. This award signifies our long-standing position and strong relationships with our Middle East customers.”
McDermott will utilise its own fleet for the work, while construction will take place at McDermott’s facilities in Saudi Arabia and Dubai.
That’s great news for McDermott. It is called the “Persian Gulf” by the way.
Persian Gulf or Arabian Gulf, the name depends upon who you are dealing with.