New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 4, 2013
08:08 EDTMDRMcDermott wins platforms and infield flowline contract in Indonesia
McDermott International announced that its Indonesian subsidiary has been awarded a contract by PC Muriah Ltd., an affiliate of PETRONAS Carigali Sdn. Bhd., to develop offshore surface facilities and an infield flowline for the Kepodang Field, located approximately 180 kilometers northeast of Semarang, Central Java, in water depths of up to 70 meters. The project will be included in McDermott's 4Q12 backlog. The award includes the procurement, construction, installation and commissioning of a 5,802-tonne central processing platform; a 1,298-tonne wellhead platform; a 2.7-kilometer-long, 10-inch diameter infield flowline; and installation of remote control facilities at the onshore receiving facilities. Project completion, including hookup and commissioning, is expected to be in 4Q14.
News For MDR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
April 14, 2015
10:01 EDTMDROn The Fly: Analyst Upgrade Summary
Subscribe for More Information
05:36 EDTMDRMcDermott upgraded to Outperform from In-Line at Imperial Capital
Imperial Capital upgraded McDermott to Outperform saying the company will benefit from growing demand for offshore oil and gas construction services. The firm raised its price target for shares to $6 from $4.
April 7, 2015
09:08 EDTMDRMcDermott awarded SURF installation scope for Atlanta EPS
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use