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OFS - McDermott lands $550MM-$1B in Saudi Aramco contracts - March 2019

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McDermott International received a pair of engineering, procurement, construction and installation contracts from Saudi Aramco in the Marjan field off Saudi Arabia, the largest of which is valued at $500-750 million. David Dickson, CEO of McDermott, pointed to this activity as a sign that Aramco is moving ahead after a slow 2018 in awarding projects.The larger contract is for the design, procurement, fabrication, installation, testing and pre-commissioning of the TP-10 tie-in platform, six gas......
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