This is the largest single award McDermott has ever secured in the Middle East.
Work on the contract will continue through 2Q 2018. It follows the June 2015 signing of a second long-term agreement between the same parties for engineering, procurement, construction, and installation activities for various fields offshore Saudi Arabia.
McDermott plans to maximize in-Kingdom execution with much of the engineering and fabrication scope to be performed by its engineering office in Al Khobar and fabrication facility in Dammam.
The company’s engineering teams in Dubai and in Chennai, India, will provide additional services, with procurement set to be handled by the company’s Global Procurement Office in Dubai.
McDermott vessels will undertake all offshore installations.
Share your news with Offshore at firstname.lastname@example.org