McDermott Signs Major EPC Deals in Middle East, Sees Rapid Backlog Growth in Third-Quarter 2015

SUGAR LAND--November 11, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--McDermott International Incorporated (NYSE:MDR) (Houston, Texas), an engineering, procurement and construction (EPC) company focused on offshore oil and gas projects, notched up solid gains in third-quarter 2015 as it touted a slew of contract wins, particularly a record-setting deal in Saudi Arabia, and significant progress at the closely watched INPEX Ichthys project in Australia. Industrial Info is tracking $3.75 billion in projects involving McDermott.

Within this article: Details on McDermott's quarter and projects, including the Ichthys project and several projects offshore Saudi Arabia.