McDermott wins major EPCI contract in Middle East
Duration of the work is expected to be approximately 34 months
McDermott International has announced that they have won a substantial contract award from a Middle East customer for the engineering, procurement, construction, and installation (EPCI) services in the Arabian Gulf.
According to the contract, McDermott will provide the full suite of EPCI services for six new offshore jackets as well as three associated topsides.
The project scope includes 8km of 0.7m corrosion-resistant alloy cladded pipeline, two inter-platform bridges, 8km of composite cables as well as brownfield works at the existing offshore facilities.
The US-based company said the duration of the work is expected to be approximately 34 months. It will use its engineering teams in the Middle East and Chennai, India with fabrication primarily taking place at the company’s facilities in Batam, Indonesia.
Vessels Emerald Sea, Derrick Barge 30, and Derrick Barge 50 from McDermott’s global fleet are scheduled to undertake the installation and completions work, the company said in a statement.
McDermott also stated that the contract value is between $500 million and $750 million and will be reflected in its first quarter 2019 backlog.
