McDermott's Backlog Soars as Company Approaches Completion of Key U.S. LNG Projects

SUGAR LAND--April 30, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--Engineering, procurement and construction (EPC) giant McDermott International Incorporated's (NYSE:MDR) (Houston, Texas) project backlog grew by leaps and bounds in first-quarter 2019. At the end of the quarter, the company tallied more than $15.3 billion in its backlog, compared with $10.9 billion at the end of fourth-quarter 2018. Among the key projects on which the firm is underway and nearing completion are Sempra Energy's (NYSE:SRE) (San Diego, California) Cameron liquefied natural gas (LNG) project in Louisiana and ConocoPhillips' (NYSE:COP) (Houston) Freeport LNG project in Texas. Industrial Info is tracking projects valued at more than $128 billion involving McDermott.

Within this article: Details of key projects on which McDermott is at work

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