McDermott International Inc (MII) 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. MII 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. MII is headquartered in Houston, Texas, the US.
Headquarters
United States of America
Address
757 N Eldridge parkway, Houston, Texas, 77079-4527
Website
www.mcdermott.com
Telephone
1 281 8705000
No of Employees
42,600
Industry
Energy and Utilities
Revenue (2020)
$6.3B
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Products and Services
| Services |
|---|
| Design |
| Installation |
| Construction |
| XXX |
| XXX |
| XXX |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | Contracts/Agreements | In October, CB&I and Daewoo Shipbuilding & Marine Engineering signed a memorandum of understanding for a feasibility study of a large liquid hydrogen carrier. |
| 2022 | Contracts/Agreements | In October, the company entered into a partnership with the National Petroleum Construction Co and Saudi Aramco to establish two offshore fabrication yards in Ras Al-Khair. |
| 2022 | Contracts/Agreements | In September, the company secured a significant contract from TotalEnergies EP Angola Block 17/06 for engineering, procurement, supply, construction, installation, pre-commissioning and assistance to commissioning and start-up (EPSCI) on its Begonia Project. |
Competitor Comparison
| Key Parameters | McDermott International Inc | Larsen & Toubro Ltd | Kiewit Corp | Saipem SpA | TechnipFMC Plc |
|---|---|---|---|---|---|
| Headquarters | United States of America | India | United States of America | Italy | United Kingdom |
| City | Houston | Mumbai | Omaha | San Donato Milanese | London |
| State/Province | Texas | - | Nebraska | - | - |
| No. of Employees | 42,600 | 49,921 | 27,000 | 27,520 | 20,610 |
| Entity Type | Private | Public | Private | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Michael McKelvy | President; Chief Executive Officer; Director | Executive Board | 2022 | - |
| Dennis Kelleher | Chief Financial Officer; Executive Vice President | Senior Management | 2021 | 52 |
| Samik Mukherjee | Executive Vice President; Chief Operating Officer | Senior Management | 2018 | 50 |
| Gary P. Luquette | Chairman | Non Executive Board | 2013 | 65 |
| Cesar E. Canals | Senior Vice President - CB&I Storage Solutions | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XX |
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