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HOUSTON, Dec. 12, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced that it has been awarded a sizeable* technology contract for Next Wave Energy Partners, LP's grassroots alkylate production facility, known as Project Traveler, in Pasadena, Texas.
HOUSTON, Dec. 9, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) along with its partners, Chiyoda International Corporation and Zachry Group, today announced the beginning of commercial operation of Train 1 by owner Freeport LNG Development, L.P.
HOUSTON, Dec. 6, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) with its partners, Chiyoda International Corporation and Zachry Group, today announced that Train 2 of the Freeport LNG project on Quintana Island in Freeport, Texas, has begun producing liquefied natural gas (LNG). This significant project achievement is a precursor to first cargo.
HOUSTON, Dec. 2, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE:MDR) ("McDermott" or the "Company") announced today that it has been granted access to the second tranche ("Tranche B") of the $1.7 billion superpriority senior secured credit facility (the "Agreement") announced on October 21, 2019.
HOUSTON, Dec. 2, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) and its joint venture partner, Chiyoda International Corporation, a U.S.-based wholly-owned subsidiary of Chiyoda Corporation, Japan, today announced that Train 2 of the Cameron project, located in Hackberry, La., has reached the final commissioning stage.
HOUSTON, Nov. 18, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) announced today it has been awarded a *sizeable technology contract from Baltic Chemical Company (BCC) and a *sizeable Extended Basic Engineering (EBE) contract from China National Chemical Engineering No. 7 Construction Company Limited (CC7). The ethane cracking project is owned by Baltic Chemical Complex LLC, a subsidiary of RusGazDobycha.
HOUSTON, Nov. 7, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced that it has been awarded a sizeable* technology contract by Formosa Chemicals Industries Ningbo Limited for the technology license and basic engineering services for a grassroots alpha-methylstyrene (AMS) recovery unit in Ningbo, China.
HOUSTON, Nov. 5, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced the appointment of Chris Krummel as Executive Vice President, Chief Financial Officer, effective immediately. Mr. Krummel joined McDermott in 2016 and previously served as the company's Global Vice President, Finance and Chief Accounting Officer. He replaces Stuart Spence, who has resigned from McDermott to pursue other opportunities.
HOUSTON, Nov. 4, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today reported revenues of $2.1 billion, a net loss of $1.9 billion, or $(10.37) per diluted share, and an operating loss of $1.7 billion for the third quarter of 2019.
HOUSTON, Oct. 30, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced the signing of a Memorandum of Understanding (MOU) with Darwin Clean Fuels Pty Ltd. The MOU is for the feasibility study, technology, front-end engineering design (FEED) and engineering procurement and construction (EPC) for a Clean Fuels Condensate Processing Plant in Darwin, in the Northern Territory, Australia.
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