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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| McDermott International Inc | NYSE:MDR | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.7032 | 0 | 01:00:00 |
From Jul 2019 to Jul 2024
By Josh Beckerman
A joint venture including McDermott International Inc. (MDR) received a contract for the Golden Pass LNG export project on the Texas Gulf Coast.
McDermott, Chiyoda International Corp. and Zachry Group will provide engineering, procurement, construction and commmissioning services starting this quarter. They didn't disclose the exact value but said it is a "mega" contract, defined as above $1 billion.
On Tuesday, Exxon Mobil Corp. (XOM) and Qatar Petroleum announced the companies will proceed with developing Golden Pass in Sabine Pass, Texas.
Earlier Tuesday, McDermott also announced a gas-related contract with Australia's Woodside Energy Ltd.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
February 05, 2019 15:17 ET (20:17 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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