Houston-based McDermott International Inc. (NYSE: MDR) once again has business in the North Sea with a contract worth at least half a billion dollars.

McDermott will perform engineering, procurement, construction and commissioning work for Denmark-based Maersk Oil’s Tyra Redevelopment project, according to a press release. Work is set to begin early in 2018, and the contract is for somewhere between $500 million and $750 million of work.

“This award heralds our return to the North Sea and is…

Houston Biz Journal
McDermott scores contract worth at least 0M