Posted by March 1, 2017

McDermott Awarded Subsea Work for Hess

McDermott International, Inc. said it was awarded a contract 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. 
 
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.
Hess CorporationMCDERMOTT INTERNATIONAL , INCScott Munro