From the Field
McDermott in Tyra contract
HOUSTON, December 22, 2017 – McDermott International has been hired by Maersk Oil to provide EPCC services for the Tyra redevelopment project offshore Denmark, the engineering major announced on Friday.
Though the precise value of the contract was not provided, McDermott said it was between USD 500 million and USD 750 million.
“This award heralds our return to the North Sea and is a part of our strategic growth strategy,” said Scott Munro, McDermott’s vice-president. “By executing our part of the Tyra Redevelopment project from Kuala Lumpur and Batam, the project showcases our vertically integrated One McDermott Way approach to project execution and delivery, which demonstrates our global engineering and fabrication capabilities.”