McDermott JV gets approval from Ghana commission

Offshore staff

CAPE TOWN, South Africa/ACCURA, Ghana – McDermott International Inc. (NYSE:MDR) has received regulatory approval for its McDermott Marine Construction Ghana Ltd. (MMCGL) joint venture to pursue offshore opportunities in Ghana.

The Petroleum Commission Ghana has notified MMCGL that it has been granted regulatory approval to develop contracting abilities to support the country’s subsea and offshore engineering, procurement, construction, and installation industry.

“This critical approval opens the way for McDermott’s participation for growth in Ghana with partner Hydra Group of Accra,” said Robert Gillespie, McDermott’s commercial director for Europe and Africa.

“From its inception, the goal for the MMCGL joint venture is to support local growth and experience transfer in Ghana to ensure delivery of effective offshore solutions.”


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