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.”

10/29/2015

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...