McDermott Awarded Slice Of LNG Project

J. Ray McDermott, S.A. recently announced that Qatar Liquefied Gas Company (Qatargas) has awarded McDermott-ETPM East, Inc. the offshore portion of the third train of its LNG project. The project, valued at approximately $130 million, includes the design, procurement, construction, installation, hook-up and commissioning of a process platform, a wellhead topside and associated bridge, pipeline and submarine cable. Engineering design will be performed by McDermott at its Houston office, and fabrication will be completed at its Jebel Ali facilities in the United Arab Emirates (UAE). The project is due to be completed in late 1998. McDermott-ETPM East, Inc. of Dubai, UAE, is a joint venture between J. Ray McDermott, S.A. and ETPM S.A. of France. J. Ray McDermott is a worldwide marine construction company. Its services include design, fabrication and transportation; installation of new and refurbished offshore platforms; installation of offshore pipelines; and design and installation of subsea production facilities for the offshore oil and gas industry.