McDermott International Ltd - Company Profile
Powered by 
All the sales intelligence you need on McDermott International Ltd in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how McDermott International Ltd fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with McDermott International Ltd.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Related keylists
View more- Top 10 Construction Contractors in Africa and the Middle East in 2021 by Contract Expenditure
- Top 10 Oil & Gas Contractors in the World in 2021 by Contract Value
- Top 10 Construction Contractors in the World in 2021 by Contract Expenditure
- Top 10 Construction Contractors in America in 2021 by Contract Expenditure
McDermott International Ltd (McDermott) is a provider of engineering and construction solutions to the energy industry. The company includes design and construction, infrastructure solutions for the transportation and transformation of oil and gas. McDermott offers services such as offshore and onshore oil and gas production systems, liquefied natural gas facilities, refining and petrochemical facilities, and industrial storage solutions. The company designs and builds storage facilities, tanks, and terminals storage business through its CB&I storage solutions business. McDermott caters its services to the energy sector, including upstream oil and gas, liquefied natural gas (LNG), refining and petrochemical industries, and other sectors. The company operates in Europe, North America, the Middle East, Asia, and Australia. McDermott is headquartered in Houston, Texas, the US.
Headquarters
United States of America
Address
915 N. Eldridge Pkwy., Houston, Texas, 77079
Website
www.mcdermott.com
Telephone
1 281 5886600
Industry
Energy and Utilities
Ticker Symbol & Exchange
MCDIF (OTC)
Revenue (2024)
$10.0B
21.2%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-46.1%
(2024 vs 2023)
Market Cap*
$625.3M
Net Profit Margin (2024)
XYZ
-20.7%
(2024 vs 2023)
* As of and is in US$
McDermott International Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Construction Services |
| Fabrication Services |
| Onshore Construction Services |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In June, PT McDermott Indonesia secured the contract to build the Tennet 2GW HVDC Project in Batam, Riau Islands Province, Indonesia. |
| 2024 | Divestiture | In December, the company sold its CB&I storage business (CB&I) to a consortium of financial investors led by Mason Capital Management. |
| 2024 | Contracts/Agreements | In November, the company secured an engineering, procurement, removal and disposal contract from Santos related to the decommissioning of the Harriet Alpha platform and its associated infrastructure, situated offshore in Western Australia. |
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 | Northumberland | England |
| No. of Employees | - | 11,028 | 31,800 | 23,089 | 15,072 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Michael McKelvy | Chief Executive Officer; President; Chairman | Executive Board | 2022 | - |
| Travis Brantley | Chief Financial Officer; Executive Vice President | Senior Management | - | - |
| Maurizio Coratella | Chief Operating Officer; Executive Vice President | Senior Management | - | - |
| Rachel G. Clingman | Chief Legal Officer; Executive Vice President; Secretary | Senior Management | 2021 | - |
| Vaseem Khan | Senior Vice President; Chief Commercial Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer