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McDermott Completes Pemex Compression Module

Maritime Activity Reports, Inc.

January 8, 2015

McDermott International, Inc. announced today that one of its joint venture companies, Qingdao McDermott Wuchuan Offshore Engineering Co. Ltd. (“QMW”), recently completed a fast-track compression process module fabrication subcontract for Jord Oil & Gas Systems B.V. (“JOGS”). JOGS is the prime contractor for the process modules for the jack-up compression platform which will connect to the PEMEX Akal G-1 platform offshore Mexico.

The scope of work, awarded in the first quarter 2014, included construction-engineering, procurement of bulk materials, fabrication, pre-commissioning and transportation of three process modules, related skids and a flare boom.

“The on-schedule delivery of the process modules reflects the highly productive operations at the Qingdao yard, which are based on McDermott’s global fabrication quality standards,” said Scott Cummins, McDermott’s Executive Vice President Offshore. “The design of the Qingdao fabrication facility and the mega-module fabrication shop, which can accommodate large structures in an enclosed environment, was an essential element for delivering schedule certainty on this fast-track project, allowing for continuous operations regardless of weather conditions.”

JOGS Project Manager, Fedor Van Veen, expressed his deep appreciation for the high quality of craftsmanship, excellent safety performance and efficient execution throughout the project. This is the first project that QMW or McDermott have performed for JOGS.

“QMW worked so quickly and effectively, resolving a lot of challenges in a very flexible way,” said Dick Roest, Commercial Director, JOGS. “From a contractual point of view, it was very easy working with QMW and we welcome them as a partner.”

Leong Eng Chow, General Manager, QMW added, “We appreciate JOGS entrusting this work to QMW. An excellent client, JOGS is organized, collaborative and transparent. We look forward to working with them on future projects and continuing to reward our customers with high quality work, performed safely, per plan and budget.”

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