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Stock Market & Financial Investment News

News Breaks
February 8, 2013
10:06 EDTMDRMcDermott awarded Saudi Aramco award contract, Upstreamonline reports
McDermott has been selected by Saudi Aramco to carry out the phase two upgrade of the giant offshore Safaniyah oilfield following a two-horse race between the US-based company and Italyís Saipem, Upstreamonline reports. Reference Link
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August 25, 2014
07:02 EDTMDRMcDermott names Stuart Spence as CFO, effective August 23
McDermott International (MDR) announced that Stuart Spence has been appointed EVP and CFO following the departure of Perry L. Elders, SVP and CFO, effective August 23. Elders will be pursuing other opportunities. Immediately prior to joining McDermott, Spence served as Vice President, Artificial Lift for Halliburton Company (HAL), where he had overall strategic and operational responsibility for Halliburtonís artificial lift product and service line.

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