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Samsung Engineering hands EPC contract to McDermott category
July 24, 2018
Source: Oil and Gas 360

Samsung Engineering hands EPC contract to McDermott

Technology provider, McDermott has secured an EPC contract for Chicago Bridge and Iron (CB&I) storage tanks in Saudi Arabia. The contract was awarded by Samsung Engineering, for the Jubail United Petrochemical Company (JUPC) Ethylene Oxide (EO)/Ethylene Glycol (EG) Plant No. 3 at Jubail, Kingdom of Saudi Arabia. Under the fixed lump sum type contract, McDermott will carry out EPC of 23 CB&I storage tanks and will modify two existing tanks.

McDermott to bid for USD 5 bn in Asia offshore oil and gas contracts category
March 22, 2018

McDermott to bid for USD 5 bn in Asia offshore oil and gas contracts

McDermott International, the US engineering and construction company, is all set to bid for $5 billion contracts in the Asia Pacific as the region’s offshore oil and gas sector is slowly recovering. The company plans to place 20 bids for projects in Malaysia, India, Australia, Vietnam, Indonesia and Myanmar. Steady global oil prices with marked cost reductions in the upstream sector are encouraging companies to expand investments.

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