McDermott Awarded Subsea Work for Hess

Posted by Eric Haun

McDermott International, Inc. said it was awarded a contract from
Hess Corporation for subsea tieback work for its deepwater Penn
State Deep (PSD) field in the Gulf of Mexico.

"This marks our first project with Hess Corporation in recent
history and we look forward to providing industry best
operational excellence, quality and safety," said Scott Munro,
McDermott's Vice President for Americas, Europe and Africa.

The PSD field is located in the Garden Banks 216 block in
approximately 1,500 feet of water. Discovered in 1996, the PSD
field began production in 1999.

The lump sum contract will be reflected in McDermott's first
quarter 2017 backlog.

Mar 1, 2017

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