McDermott Wins Export Fabrication Work

By MarEx 2014-03-28 08:59:00

McDermott International, Inc. announced today that one of its joint venture companies, Qingdao McDermott Wuchuan Offshore Engineering Co., Ltd. (“QMW”), in Qingdao China, has been awarded a contract by Jord Oil & Gas Systems B.V. for process module fabrication work. The award will be included in QMW’s first quarter 2014 backlog.

“We are pleased to be awarded this work for our Chinese fabrication joint venture,” said David Dickson, President and Chief Executive Officer, McDermott. “The yard is a first-class facility that offers competitive fabrication solutions for modules and exemplifies our global execution capabilities.”

The scope of work includes fabrication, pre-commissioning and load-out of three process modules.

Once completed, the modules will be integrated onto a jack-up rig that will be linked by bridge to the Akal G1 platform offshore Mexico, operated by Mexican oil company Nuvoil for end user PEMEX.

“Our commitment and responsiveness to the client throughout the bidding process helped us secure this award,” said EC Leong, General Manager of QMW. “We are focused on exceeding our client’s expectations and the safe and successful completion of this fast-track project.”

Fabrication is expected to commence in the second quarter of this year, with completion expected during the third quarter of 2014.

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