Mcdermott Will News

(Photo: McDermott International)

McDermott Wraps Up Ichthys LNG Campaign

McDermott International announced Monday it has completed the final offshore campaign for the INPEX-operated Ichthys LNG Project, located offshore Western Australia.This was the second of two remaining work packages left under McDermott's contract, which was the largest subsea contract ever awarded at the time, the company said. Most of the engineering, procurement, construction and installation (EPCI) for the subsea umbilicals, risers and flowlines (SURF) contract awarded in January 2012 was completed by the end of 2017.The final offshore campaign involved subsea tiebacks to new drill centers and

Image: DNV GL

Offshore Pipeline Market to Grow 6.5%

offshore pipeline addition for around 12,500km during the forecast period.Countries such as Russia, Georgia, and Ukarine are likely to drive the growth of the offshore pipeline market during the forecast period.The major players in the global offshore pipeline market, are Saipem (Italy), Subsea 7 (UK), McDermott (US), Sapura (Malaysia), Wood Group (UK), Technip (UK), Fugro (Netherlands), Atteris (Australia), Penspen (UK), Petrofac (UK), and Senaat (UAE)

© Lukasz Z / Adobe Stock

McDermott Wins Subsea Tieback Work for Stonefly

McDermott International announced Monday it has secured a contract from LLOG Exploration Company to install the subsea infrastructure to support a two well subsea tieback from the Stonefly development site to the Ram Powell platform approximately 140 miles southeast of New Orleans in the Gulf of Mexico.McDermott said its work scope includes project management, installation engineering, subsea structure and spoolbase stalk fabrication, and subsea installation of the subsea infrastructure to support a two well subsea tieback from the Stonefly development site to the Ram Powell platform via a 60,000 foot

One of the vessels which will be used, DLV 2000 pipelay vessel, pictured off northwest Australia during the Ichthys project on which UTEC worked (Photo: UTEC)

UTEC Wins Survey Work Offshore India

Surveying company UTEC, part of subsea services group Acteon, said it has been awarded a subcontract by McDermott International for a series of survey work scopes offshore eastern India.The work, due to commence in December 2018, will see UTEC provide surface and subsea positioning services during the installation of subsea flowlines, pipeline end manifolds and terminations, jumpers, risers and umbilicals that form part of the development of a field in water depths to 2,100 meters.UTEC said it will operate equipment and personnel initially on three vessels: the McDermott operated DLV 2000 pipelay

Modus CT-1 trenching vehicle (Photo: Modus)

Modus Completes Vashishta Trenching

Modus Seabed Intervention Limited said it has trenched to specification the ONGC Vashishta pipelines and umbilical offshore India for McDermott International.The work scope included the trenching and surveying of two 18-kilometer pipelines with outside diameters of up to 579 millimeters, and a 24-kilometer 284-millimeter outside diameter umbilical, down to a maximum trench depth 2 meters.The water depth for trenching operations ranged between 3.5 meters and 217 meters and involved mobilizing the Modus CT-1 trenching vehicle onto the Bourbon 807 for the deeper water sections and then transferring the

McDermott Wins Subsea Work from Shell

McDermott International, Inc. announced Tuesday it has been awarded a contract from Shell Exploration and Production Company, a subsidiary of Royal Dutch Shell plc, for new subsea umbilical and flowline installation at the Great White Frio development in Alaminos Canyon Block 857 in the U.S. Gulf of Mexico. The contract award will be reflected in McDermott's fourth quarter 2018 backlog.McDermott said its scope of work includes project management and engineering; installation of a flexible flowline from the well to a pipeline end termination; installation of one 2,000-foot-long steel flying lead;

The new small self-calibrating class 1-4 torque tool (Photo: Saab Seaeye)

Smart Torque Tool Takes Off

Considerable savings in major torque intervention projects are reported by five subsea operators who were early to adopt the new smart electric torque tool from TMT and Saab Seaeye and is now available as a rental option.Offshore operator, McDermott, found it could get a rapid configuration change to their electric tool with accurate torque operations and speeds up to 30 rpm, operating eight valves requiring 90 to 107 turns each. At an optimum time of 10 minutes per valve, considerable vessel time was saved.Sold in the northern hemisphere by Saab Seaeye, a manufacturer of electric underwater e-robotic

(Image: Royal IHC)

McDermott Pipelayer Set for Major Refit

The Netherlands based Royal IHC said it has been awarded a contract to modify McDermott International Inc.’s pipelay and construction vessel Amazon. The scope includes the delivery of an innovative and complete J-lay system to the Houston based company.IHC will be responsible for the overall management of the modification project, from the design through to the integration of the new equipment. It includes the construction and installation of the IHC-designed and patented J-lay system, and associated onboard multijoint factory, modifications to the ship’s structures, and the removal and

McDermott Closing CB&I Deal

and Iron Co NV on Thursday, creating an integrated onshore and offshore services group that will expand its presence in the Middle East.McDermott's offshore engineering and construction work will combine with CB&I's onshore skills including liquefied natural gas (LNG) and power plants. McDermott will bolster its service offerings in Saudi Arabia, where it is already adding facilities and has contracts with national oil company Saudi Aramco.David Dickson, McDermott's chief executive officer who this week met with Saudi Aramco executives in Houston, said on Tuesday the kingdom "is

(File photo: CB&I)

McDermott, CB&I Shareholders Approve Merger

McDermott International shareholders on Tuesday approved a merger with Chicago Bridge & Iron Co that creates a vertically integrated onshore and offshore engineering and construction company, thwarting an attempt by offshore drilling contractor Subsea 7 to block the deal.More than 50 percent of McDermott shareholders supported the deal and approved a 3-to-1 reverse stock split, according to a spokesman. CB&I shareholders also voted in favor the merger, the companies said, and the combination is expected to close on May 10.Shares of CB&I were up about 6 percent, trading at around $16.

File Image: A Subsea 7 offshore support vessel. CREDIT: Subsea 7

Subsea 7: Offer Could Change if McDermott Cooperates

Norwegian offshore oil services firm Subsea 7 is open to potentially sweetening its $2 billion offer for McDermott if the U.S. company would work with it to identify additional benefits of a deal, Subsea said on Wednesday. The Norwegian firm's comments come a week before McDermott's shareholders vote on a planned combination with Chicago Bridge and Iron (CB&I), which McDermott's board has recommended its investors to support while rejected Subsea's proposal "Subsea 7 is open to considering amending its proposal if it can discover additional value through discussions

Marine Technology Magazine Cover May 2019 - Underwater Defense Technology

Marine Technology Reporter is the world's largest audited subsea industry publication serving the offshore energy, subsea defense and scientific communities.

Subscribe
Marine Technology ENews subscription

Marine Technology ENews is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for MTR E-news