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10/14/13 - €7.20
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mcdermott intl inc (MIQ) Details

McDermott International, Inc. operates as an engineering, procurement, construction, and installation (EPCI) company worldwide. The company operates in three segments: Asia Pacific, Atlantic, and the Middle East. It focuses on designing and executing complex offshore oil and gas projects. The company offers EPCI services for offshore oil and gas field developments; and delivers fixed and floating production facilities, pipelines, and subsea systems from concept to commissioning. It engages in the fabrication and installation of fixed and floating structures; installation of pipelines and subsea systems; and provision of shallow water and deepwater construction services. The company’s customers include national, integrated, and other oil and gas companies. McDermott International, Inc. was founded in 1923 and is based in Houston, Texas.

14,000 Employees
Last Reported Date: 08/4/14
Founded in 1923

mcdermott intl inc (MIQ) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $624.6K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $472.1K
Chief Administration Officer and Senior Vice ...
Total Annual Compensation: $358.8K
Executive Vice President of Offshore
Total Annual Compensation: $320.9K
Compensation as of Fiscal Year 2013.

mcdermott intl inc (MIQ) Key Developments

McDermott Completes Contract Scope for Jack & St. Malo Project in Gulf of Mexico

McDermott International Inc. announced the completion of the Jack and St. Malo project for Chevron U.S.A. Inc. The project involved the installation of jumpers, flying leads, subsea pump stations, umbilicals and subsea landing of some of the industry's larger and complex umbilical end terminations to a host floating production platform in 7,200 feet of water 279 miles offshore Louisiana. The project is part of the first stage of development of the Jack South, St. Malo South and St. Malo North Drill Centers. McDermott subsea construction vessel NO102 installed umbilicals totaling 65 miles along with other related subsea structures. McDermott executed in-house fabrication of 21 high specification rigid flowline, manifold and pump jumpers and installed the structures using the Derrick Barge 50 ("DB50") with its specialized deepwater lowering system. In addition, more than 80 flying leads, five additional rigid production well jumpers and other subsea control and production boost components were installed by the DB50 -- including three pump stations each weighing 209 tons to a depth of 6,988 feet. The DB50 was assisted by a fleet of up to 12 support vessels delivering material from various Gulf Coast fabrication and staging facilities to the offshore installation site. Additionally, three control and two power umbilicals totaling 65 miles were transported and installed by the subsea construction vessel North Ocean 102 ("NO102") along with other related subsea structures.

McDermott International Inc. Presents at Barclays CEO Energy-Power Conference, Sep-03-2014 02:25 PM

McDermott International Inc. Presents at Barclays CEO Energy-Power Conference, Sep-03-2014 02:25 PM. Venue: The Sheraton NY Hotel & Towers, 811 Seventh Ave, New York City, NY 10019, United States. Speakers: David Dickson, Chief Executive Officer, President and Director.

McDermott International Inc. Presents at D.A. Davidson Engineering & Construction Conference, Sep-09-2014 11:45 AM

McDermott International Inc. Presents at D.A. Davidson Engineering & Construction Conference, Sep-09-2014 11:45 AM. Venue: Omni San Francisco Hotel, San Francisco, California, United States.


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