McDermott Awarded Offshore Subsea Contract

Source: www.gulfoilandgas.com 3/1/2017, Location: North America

McDermott International, Inc. (MDR) announced a contract award from Hess Corporation for subsea tieback work for its deepwater Penn State Deep (PSD) field in the Gulf of Mexico.

“This marks our first project with Hess Corporation in recent history and we look forward to providing industry best operational excellence, quality and safety,” said Scott Munro, McDermott’s Vice President for Americas, Europe and Africa. “Once again, we have demonstrated that we can provide the best total solution for our clients. We look forward to a long and mutually beneficial relationship with Hess.”

The PSD field is located in the Garden Banks 216 block in approximately 1,500 feet of water. Discovered in 1996, the PSD field began production in 1999.

The lump sum contract will be reflected in McDermott’s first quarter 2017 backlog.


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Related Categories: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

Related Articles: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 


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