An affiliate of the offshore oil and gas-focused engineering and construction firm, McDermott International Inc. (MDR) has entered into an agreement with the Mississippi Development Authority and ...

A judge in the US this week approved bidding procedures to sell the spoolbase of Emas Chiyoda Subsea as part of the troubled contractor’s Chapter 11 bankruptcy protection proceeding. Subsea 7, one of ...

The Houston-based company expects the facility to begin operations in the third quarter with the capability of welding pipe for its lay vessels Intrepid, Express and Caesar. It will also serve as a ...

McDermott International, Inc. (NYSE: MDR) said that one of its subsidiaries has signed a lease agreement with the Mississippi Development Authority and the Mississippi State Port Authority for the ...

McDermott International, Inc. announced that one of its subsidiaries has signed an option agreement with PD Ports which gives it the exclusive right to operate a spoolbase to serve projects in the ...