McDermott International, Inc. provides integrated engineering, procurement, construction and installation (EPCI) and module fabrication services for upstream field developments worldwide. The company delivers fixed and floating production facilities, pipeline installations and subsea systems from concept to commissioning for complex offshore and subsea oil and gas projects. It operates in approximately 20 countries across the Americas, Europe, Africa, the Middle East, Asia and Australia. The company supports its activities with comprehensive project management and procurement services, while utilizing its fully integrated capabilities in both shallow water and deepwater construction. Segments The company operates in three segments consisting of the Americas, Europe and Africa (AEA); the Middle East (MEA); and Asia (ASA). AEA segment Through the AEA segment, the company serves the needs of customers primarily in the United States, Brazil, Mexico, Trinidad, the North Sea, West Africa and East Africa. Project focus in this segment includes the fabrication and offshore installation of fixed and floating structures and the installation of pipelines and subsea systems. Engineering and procurement services are supported by engineering resources in Chennai, India, Dubai, the U.A.E., London, the United Kingdom and Houston, Texas. The primary fabrication facility for this segment is located in Altamira, Mexico. MEA segment Through the MEA segment, which includes the Caspian region, the company serves the needs of customers in Saudi Arabia, the U.A.E., Qatar, Kuwait, India, Azerbaijan and Russia. Project focus in this segment relates primarily to the fabrication and offshore installation of fixed and floating structures and the installation of pipelines and subsea systems. The majority of the company’s projects in this segment are performed on an EPCI basis. Engineering and procurement services are provided by its Dubai, the U.A.E., Chennai, India and Al Khobar, Saudi Arabia offices and are supported by additional resources from its Houston, Texas office. The primary fabrication facility for this segment is located in Dubai, the U.A.E. ASA segment Through the ASA segment, the company serves the needs of customers primarily in Australia, Indonesia, Brunei, India, Malaysia, Vietnam and Thailand. Project focus in this segment includes the fabrication and installation of fixed and floating structures and the installation of pipelines and subsea systems. The majority of its projects in this segment are performed on an EPCI basis. Engineering and procurement services are provided by its Singapore office and are supported by additional resources located in Chennai, India; Dubai, the U.A.E.; and Houston, Texas. The primary fabrication facility for this segment is located on Batam Island, Indonesia. Additionally, through its equity ownership interest in two separate ventures, the company has access to fabrication capacity in China and Malaysia. The above-mentioned fabrication facilities in each segment are equipped with various heavy-duty construction and fabrication equipment, including cranes, welding equipment, machine tools and robotic and other automated equipment. Project installation is performed by major construction vessels, which the company owns or leases and are stationed throughout the various regions and provides structural lifting/lowering and pipelay services. These major construction vessels are supported by its multi-function vessels and chartered vessels from third parties to perform an array of installation activities that include anchor handling, pipelay, cable/umbilical lay, dive support and hookup/commissioning. Joint Ventures AEA Deepwater Marine Technology LLC: The company co-owns this entity with Keppel FELS Ltd. This joint venture expands its services related to solutions involving tension leg platforms (TLPs). A TLP is a vertically moored floating structure normally used for the offshore production of oil and gas and is particularly suited for water depth greater than 1,000 feet. FloaTEC LLC: The company co-owns this entity with Keppel FELS Ltd. This joint venture designs
mcdermott intl inc
(MIQ:German Stock Exchange)
757 North Eldridge Parkway
Houston, TX 77079
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