McDermott gets Hess PSD work

Published

McDermott International has won a contract award from Hess Corp. for subsea tieback work for its deepwater Penn State Deep (PSD) field in the Gulf of Mexico. 

The PSD field is located in the Garden Banks 216 block in approximately 1500ft of water. Discovered in 1996, the PSD field began production in 1999. 

“This marks our first project with Hess Corp. in recent history and we look forward to providing industry best operational excellence, quality and safety,” said Scott Munro, McDermott VP 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 lump sum contract will be reflected in McDermott’s Q1 2017 backlog.

Current News

Subsea7 Answers Chevron’s Call for Work at Gas Field off Australia

Subsea7 Answers Chevron’s Call

Velesto Agrees $63M Jack-Up Drilling Rig Sale with Indonesian Firm

Velesto Agrees $63M Jack-Up Dr

Oil and Gas Redevelopment Project off Norway Gets $1.8B Approval

Oil and Gas Redevelopment Proj

Serica Boosts North Sea Portfolio with Spirit Energy Assets Purchase

Serica Boosts North Sea Portfo

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine