Houston-headquartered McDermott International announced on Tuesday that it has been awarded a substantial contract to work on an oil and gas project offshore the island of Trinidad.
Contracted tasks include the transport and installation of a 1,000-ton deck and 1,600-ton jacket and the onshore fabrication, reel-lay and pre-commissioning of 14,000 feet of 14-inch pipeline, McDermott said. The pipeline will be welded at the company’s Gulfport, Mississippi facility.
The value of the contract has not been disclosed by McDermott. Nor has the other party, an upstream oil and gas operator, been named. This project is expected to be completed by the third quarter of 2016.
Trinidad, part of the twin-island nation of Trinidad and Tobago, is just off the coast of Venezuela. With its large reserves of oil and natural gas it is one of the richest economies in the Americas, trailing only the US and Canada in GDP per capita.
New York-listed McDermott provides installation and construction services in the oil industry and has more than 90 years experience worldwide in oil exploration, much of it in offshore developments.
