McDermott Wins Middle East EPCI Contract

McDermott International announced Thursday it has secured a contract from an unidentified Middle East customer for engineering, procurement, construction and installation (EPCI) services for new facilities and brownfield works project in the Arabian Gulf.  McDermott said the contract is worth between $500 million and $750 million.

The contract for new facilities includes the full suite of EPCI services for six new offshore jackets as well as three associated topsides. The project scope also includes eight kilometers of 28-inch corrosion resistant alloy cladded pipeline, two inter-platform bridges, eight kilometers of composite cables as well as brownfield works at the existing offshore facilities.

McDermott said it plans to use its engineering teams in the Middle East and Chennai, with fabrication primarily taking place at McDermott's facilities in Batam, Indonesia.

Vessels Emerald Sea, Derrick Barge 30, and Derrick Barge 50 from McDermott's global fleet are scheduled to undertake the installation and completions work.

The duration of the work is expected to be approximately 34 months and the contract, award will be reflected in McDermott's first quarter 2019 backlog.

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