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J. Ray McDermott Wins Chevron Platong Gas II Project

Maritime Activity Reports, Inc.

March 28, 2008

J. Ray McDermott S. A. said that subsidiaries of the company were recently awarded an engineering, procurement, construction and installation contract by Chevron Thailand Exploration and Production for the Platong Gas II Project in the .
The contract encompasses the full EPCI scope associated with the project’s central processing platform, representing a float-over deck weight of approximately 19,000 tons. Additional work in the contract includes J. Ray providing EPCI services for the associated living-quarters platform, flare tripod and three bridges.  Engineering work has commenced at J. Ray’s office and installation is expected in the by the end of 2010.

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