Venture Including McDermott International Gets Golden Pass Contract
06 February 2019 - 7:32AM
Dow Jones News
By Josh Beckerman
A joint venture including McDermott International Inc. (MDR)
received a contract for the Golden Pass LNG export project on the
Texas Gulf Coast.
McDermott, Chiyoda International Corp. and Zachry Group will
provide engineering, procurement, construction and commmissioning
services starting this quarter. They didn't disclose the exact
value but said it is a "mega" contract, defined as above $1
billion.
On Tuesday, Exxon Mobil Corp. (XOM) and Qatar Petroleum
announced the companies will proceed with developing Golden Pass in
Sabine Pass, Texas.
Earlier Tuesday, McDermott also announced a gas-related contract
with Australia's Woodside Energy Ltd.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
February 05, 2019 15:17 ET (20:17 GMT)
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