HOUSTON, July 6, 2023 - McDermott has been awarded an offshore transportation and installation contract from Sarawak Shell Berhad (SSB), for the F22, F27 and Selasih fields (FaS) pipelay and heavy lift project off the coast of Sarawak in East Malaysia.
Under the scope of the contract, McDermott will perform transportation and installation services for two pipeline segments and one section of flexible pipelay. McDermott will also provide pre-commissioning works on all infield pipelines and perform the structural installation of three jackets and topsides.
"This is the fourth project we are executing for Shell under the Subsea and Floating Facilities project portfolio, demonstrating the strength of our long-standing relationship," said Mahesh Swaminathan, McDermott's Senior Vice President, Subsea and Floating Facilities. "To ensure efficient project delivery, we will draw upon the expertise from our Kuala Lumpur center, which supports the global execution of subsea and offshore projects."
The project management and engineering will be executed in Malaysia, leveraging local expertise. Offshore installation will be performed using the DLV2000, McDermott's versatile heavy lift and pipelay vessel.
About McDermott
McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach engineered to responsibly harness and transform global energy resources into the products the world needs. From concept to commissioning, McDermott's innovative expertise and capabilities advance the next generation of global energy infrastructure—empowering a brighter, more sustainable future for us all. Operating in over 54 countries, McDermott's locally-focused and globally-integrated resources include more than 30,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.
Forward-Looking Statements
McDermott cautions that statements in this communication which are forward-looking, and provide other than historical information, involve risks, contingencies and uncertainties. These forward-looking statements include, among other things, statements about the expected scope and execution of the project discussed in this press release. Although we believe that the expectations reflected in those forward-looking statements are reasonable, we can give no assurance that those expectations will prove to have been correct. Those statements are made by using various underlying assumptions and are subject to numerous risks, contingencies and uncertainties, including, among others: adverse changes in the markets in which we operate or credit or capital markets; our inability to successfully execute on contracts in backlog; changes in project design or schedules; the availability of qualified personnel; changes in the terms, scope or timing of contracts, contract cancellations, change orders and other modifications and actions by our customers and other business counterparties; changes in industry norms; actions by lenders, other creditors, customers and other business counterparties of McDermott and adverse outcomes in legal or other dispute resolution proceedings. If one or more of these risks materialize, or if underlying assumptions prove incorrect, actual results may vary materially from those expected. You should not place undue reliance on forward-looking statements. This communication reflects the views of McDermott's management as of the date hereof. Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.
Contacts:
Global Media Relations
Reba Reid
Senior Director, Global Communications and Marketing
+1 281 588 5636
RReid@McDermott.com
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Barbara Knight
Senior Director, Business Line Communications and Marketing
+971 56 403 2903
BBKnight@mcdermott.com
SOURCE McDermott International, Ltd
