McDermott International Ltd - Company Profile
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McDermott International Ltd (McDermott) is an integrated provider of technology, engineering, procurement, construction and installation and construction solutions to the energy sector. It operates a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. McDermott caters to national, integrated and other oil and gas companies. Its proprietary technologies, integrated expertise and comprehensive solutions are utilized in liquefied natural gas (LNG), power, offshore and subsea, and downstream projects around the world. It serves various industries including chemical, pharmaceutical, refining, paper and marine. The company has operations across countries in the Americas, Europe, Africa, Asia and Australia. McDermott is headquartered in Houston, Texas, the US.
Headquarters
United States of America
Address
915 N. Eldridge Pkwy., Houston, Texas, 77079-4527
Website
www.mcdermott.com
Telephone
1 281 5886600
Industry
Energy and Utilities
McDermott International Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Construction Services |
| Design Services |
| Installation Services |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In November, the company and Petrovietnam Technical Services Corporation entered into an agreement with Phu Quoc Petroleum Operating Company to develop the Block B gas development project off the southwest coast of Vietnam. |
| 2023 | Contracts/Agreements | In July, the company secured a contract from Qatargas Operating Company Limited to deliver engineering, procurement, construction, and installation for the North Field Production Sustainability Offshore Fuel Gas Pipeline and Subsea Cables Project, COMP1. |
| 2023 | Contracts/Agreements | In March, the company and GE-led consortium entered into contract with TenneT for two projects in Germany. |
Competitor Comparison
| Key Parameters | McDermott International Ltd | Kinder Morgan Inc | Kiewit Corp | TechnipFMC Plc | Subsea 7 SA |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United Kingdom | United Kingdom |
| City | Houston | Houston | Omaha | London | Sutton |
| State/Province | Texas | Texas | Nebraska | England | England |
| No. of Employees | - | 10,525 | 27,000 | 21,972 | 1 |
| Entity Type | Private | Public | Private | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Michael McKelvy | Chief Executive Officer; Director; President | Executive Board | 2022 | - |
| Travis Brantley | Chief Financial Officer | Senior Management | - | - |
| Rachel G. Clingman | Senior Vice President - Sustainability and Governance | Senior Management | - | - |
| Mahesh Swaminathan | Senior Vice President - Subsea and Floating Facilities | Senior Management | - | - |
| Vaseem Khan | Senior Vice President - Global Operations and Onshore | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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