US-based McDermott International and South Korea's Daewoo Engineering and Construction have signed contracts to build facilities to recover gas from Hout, one of the joint oilfields shared by Saudi Arabia and Kuwait, two industry sources sai
A Kuwaiti and Saudi joint venture is close to awarding contracts to recover gas from their shared Hout oilfield, with US-based McDermott International and South Korea's Daewoo Engineering the lowest bidders, industry sources said.
McDermott, a leading engineering, procurement, construction company, has renewed until 2030 the lease for its Middle East fabrication facility, marine base and regional headquarters located in Jebel Ali Free Zone (Jafza) in Dubai.
US-based McDermott International has won a $350 million contract from Abu Dhabi Marine Operating Company to upgrade and enhance a water injection system in the Zakum field, located north-west of the UAE capital.
McDermott is a leading engi
J Ray McDermott has won the contract to provide Front end Engineering Design services for the Barzan Offshore Platform Topsides and Pipelines for ExxonMobil and Qatar Petroleum (QP).
The engineering services for the detailed design for the