McDermott Adds to List of Offshore Contracts with Saudi Aramco

SUGAR LAND--January 6, 20177--Researched by Industrial Info Resources (Sugar Land, Texas)--Saudi Aramco (Riyadh, Saudi Arabia) recently awarded another major offshore contract to McDermott International Incorporated (NYSE:MDR) (Houston, Texas), an engineering, procurement and construction (EPC) company focused on offshore oil and gas projects. This is the third fast-track project in the past 18 months that Aramco has handed to McDermott. Industrial Info is tracking $2.28 billion in active offshore projects in the Middle East involving McDermott, most of which are in conjunction with Aramco.

Within this article: Details on McDermott's highest-valued projects with Aramco, including those in three major oil fields of the Arabian Gulf.