New Facility Marks Expansion of Middle East Footprint and Enhanced Global Service Offering

HOUSTON
,
Sept. 1, 2022
/PRNewswire/ -- McDermott International has successfully completed the sail away of the Tyra East G (TEG) gas processing module on the Tyra Redevelopment Project for TotalEnergies and its Danish Underground Consortium partners Noreco and Nordsøfonden.

HOUSTON
,
June 1, 2022
/PRNewswire/ -- The Steel Tank Institute/Steel Plate Fabricators Association (STI/SPFA) presented McDermott's storage business, CB&I, with safety awards in three categories during its annual meeting in New Orleans, LA.

Reaches Transaction Support Agreement with More Than 75% of Secured Letter of Credit Facility Providers, Funded Debt Creditors and Equity Holders


Receives $250 Million in New Capital


The Agreement Extends Company's Loans and Letter of Credit Facilities Three Years, Until Mid-2027


Company to Continue All Operations


No Impairment to Vendors, Projects, or Customers

HOUSTON, June 27, 2023 /PRNewswire/ -- McDermott announces the release of its 2022 Sustainability Report. Alongside its customers and employees, McDermott incorporates sustainability and safety into its daily operations. This report demonstrates the company's commitment to sustainable practices and progress in strategy, governance, climate risk management, strategic partnerships, and reporting.

HOUSTON
,
Aug. 30, 2023
/PRNewswire/ -- CB&I, McDermott's storage business, has received Approval in Principle (AiP) for its design of a liquid hydrogen (LH2) cargo containment system from DNV, a leading classification society for shipping. CB&I collaborated with Shell International Trading and Shipping Company Limited (Shell) to provide safe LH2 shipping solutions that enable hydrogen energy supply chains.

HOUSTON, Sept. 7, 2022 /PRNewswire/ -- McDermott International, together with its storage business, CB&I, has been awarded a Front-End Engineering Design (FEED) contract from Gunvor Petroleum Rotterdam B.V. for the Green Hydrogen Import Terminal project. The project is part of Gunvor's program to transform their Rotterdam facility into a green energy hub.

Reports significant progress, including 29-percent reduction in carbon intensity across operations

HOUSTON
,
March 16, 2023
/PRNewswire/ -- The Steel Tank Institute/Steel Plate Fabricators Association (STI/SPFA) presented McDermott's storage business, CB&I, with safety awards in two categories during its annual meeting in Coronado, Calif.

HOUSTON, July 5, 2023 /PRNewswire/ -- McDermott held a first steel-cutting ceremony at its Jebel Ali fabrication yard in Dubai , United Arab Emirates, to mark the commencement of construction for the BorWin6 980MW high-voltage, direct current (HVDC) project for TenneT.