McDermott Awarded Pemex Drilling Platform in Bay of Campeche
23 Mai 2012 - 2:00PM
Business Wire
McDermott International, Inc. (NYSE: MDR) (“McDermott”)
announced today that one of its subsidiaries has been awarded a
contract for the new Ayatsil-B drilling platform for PEMEX
Exploracion y Produccion in the Bay of Campeche Ayatsil field. The
value of this award will be included in McDermott's second quarter
2012 backlog.
“This award follows on the successful delivery of the Pemex
Kuil-A project which was delivered from our Altamira, Mexico
fabrication facility on time and within budget,” said Stephen M.
Johnson, Chairman, President and Chief Executive Officer of
McDermott. “From Altamira we have the capability and experience to
provide a competitive solution for jacket and deck construction for
the growing Mexican offshore market. Combined with our in-house
engineering offices in Houston, we can deliver first-class design
and construction documentation that balances Pemex’s requirements
for cost, safety, high quality facilities and schedule
certainty.”
McDermott will undertake the engineering, procurement,
fabrication, pre-commissioning, load-out and sea fastening of the
Ayatsil-B eight-leg jacket and deck, weighing approximately 11,650
tonnes for installation in waters 115 meters deep. McDermott will
also carry out transportation and installation analysis of the
structures, and will conduct training for Pemex personnel for the
facility operation and maintenance. At peak, more than 500
personnel will be engaged on the project. Completion is expected
during the third quarter of 2013.
For more than four decades, McDermott has helped deliver
certainty in engineering, construction and installation of
bottom-founded platforms, pipelines and subsea infrastructure
offshore Mexico.
ABOUT McDERMOTT
McDermott is a leading engineering, procurement, construction
and installation group of companies focused on executing complex
offshore oil and gas projects worldwide. Providing fully integrated
EPCI services for upstream field developments, the Company delivers
fixed and floating production facilities, pipelines and subsea
systems from concept to commissioning. McDermott’s customers
include national and major energy companies. Operating in more than
20 countries across the Atlantic, Middle East and Asia
Pacific, our integrated resources include approximately 13,500
employees and a diversified fleet of marine vessels, fabrication
facilities and engineering offices. McDermott has served the energy
industry since 1923.
To learn more, please visit McDermott’s website on the internet
at www.mcdermott.com
FORWARD LOOKING
STATEMENTS
In accordance with the Safe Harbor provisions of the Private
Securities Litigation Reform Act of 1995, McDermott International,
Inc. cautions that statements in this press release which are
forward-looking and provide other than historical information
involve risks and uncertainties that may impact McDermott's actual
results of operations. The forward-looking statements in this press
release include, among other things, the expected scope, execution
and timing associated with this project.
Although McDermott's management believes that the expectations
reflected in those forward-looking statements are reasonable,
McDermott can give no assurance that those expectations will prove
to have been correct. Those statements are made based on various
underlying assumptions and are subject to numerous uncertainties
and risks, including without limitation, changes in project design
or schedules, contract cancellations, change orders and other
modifications, and difficulties executing on the project. If one or
more of these risks materialize, or if underlying assumptions prove
incorrect, actual results may vary materially from those expected.
For a more complete discussion of these and other risk factors,
please see McDermott's annual report on Form 10-K for the year
ended December 31, 2011 and subsequent quarterly reports on Form
10-Q. This news release reflects management's views as of the date
hereof. Except to the extent required by applicable law, McDermott
undertakes no obligation to update or revise any forward-looking
statement.
McDermott (NYSE:MDR)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
McDermott (NYSE:MDR)
Historical Stock Chart
Von Jul 2023 bis Jul 2024