McDermott International, Inc. (NYSE: MDR) (“McDermott”) announced today that the Derrick Barge 101 was recently mobilized to Indonesia to perform fast-track heavy-lift work for a client offshore Indonesia.
“Response time to fast-track work is just one of the key elements to a successful project outcome,” said Hugh Cuthbertson, Vice President and General Manager, Asia Pacific. “Our Project Management and Offshore Resources teams expedited the planning process, while ensuring compliance to safety throughout, to achieve mobilization within just a few days. In addition, this opportunity is an example of our efforts to improve asset utilization beyond the requirements of our existing backlog.”
This contract is included in McDermott’s first quarter 2014 backlog.