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McDermott Awarded Multi-Year Offshore Installation Contract with Brunei Shell Petroleum

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McDermott Awarded 2017 Campaign under Multi-Year Offshore Installation Contract with Brunei Shell Petroleum

HOUSTON, June 20, 2016 (GLOBE NEWSWIRE) -- McDermott International, Inc. (NYSE:MDR) announced today it has been awarded further pipeline work for 2017 under a multi-year offshore installation contract with Brunei Shell Petroleum Company Sdn. Bhd. (BSP). The work includes transportation and installation (T&I) of pipelines and umbilicals in the Fairley and Ampa Fields offshore Brunei.

The full scope of work for the 2017 campaign is expected to include T&I for 20 miles of pipelines, with the associated beach and pipeline crossings, tie-ins, riser installation and pre-commissioning of the completed system. The 2017 campaign is part of a three-year work installation contract signed in 2014 and will be included in McDermott’s second quarter 2016 backlog as a Sizeable proje


Read more: http://www.virtual-strategy.com/2016/06/20/mcdermott-awarded-2017-campaign-under-multi-year-offshore-installation-contract-brunei-sh#ixzz4CGQuy241

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