McDermott International Inc. (NYSE:MDR) has landed an offshore pipelay contract in the Middle East, the company said in a news release.
The contract includes the engineering, procurement and installation of two oil pipelines offshore. Work is expected to begin immediately and finish by the end of second-quarter 2018, the company said.
Detailed engineering and procurement is expected to be carried out by McDermott’s specialist teams in Dubai, U.A.E., with vessels from the McDermott global fleet handling the installation work in 2018, according to the release.
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