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Dominic Savarino News

06 Jan 2015

McDermott Yard in Mexico Now a Free Trade Zone

The McDermott Altamira yard on the Gulf of Mexico coast is the first fabrication facility licensed to operate as a free trade zone in Mexico. (Photo copyright McDermott International, Inc.)

The Central Administration of Customs in Mexico has authorized McDermott International, Inc. to operate its Altamira fabrication facility near Tampico, Mexico as a free trade zone. Located on the Gulf of Mexico coast and serving both PEMEX domestic requirements and export work for international clients, Altamira is now the first fabrication facility licensed to operate as a free trade zone in Mexico. “The benefits of operating as a free trade zone to McDermott’s international clients is through the ability to import components…

05 Jan 2015

McDermott Wins PEMEX Installation Contract

The jacket loaded onboard the Intermac 600 transportation and launch barge, ready for installation at Ayatsil-A. (Copyright McDermott International)

McDermott International, Inc. has been awarded a contract to install the offshore jacket, deck and piles for the Ayatsil-A drilling platform for PEMEX Exploracion y Produccion in the Bay of Campeche Ayatsil field. The value of the award is included in McDermott’s fourth quarter backlog. “The Ayatsil-A installation award from PEMEX is a direct result of the substantial local capabilities and operations of McDermott in Mexico, and our demonstrated track record of safe and reliable platform installations for PEMEX in the Bay of Campeche…

18 Aug 2014

McDermott Awarded Anadarko GoM Contract

McDermott International, Inc. says that one of its subsidiaries has entered into an agreement with Anadarko Petroleum Corporation to provide construction and decommissioning support services employing Derrick Barge 50 (“DB50”) on the Red Hawk project, located in Garden Banks 876. The DB50 will remove mooring lines for the Red Hawk spar and provide accommodation and decommissioning support services. Mobilization is expected during the third quarter 2014. “This project is yet another example of our efforts to improve asset utilization beyond the requirements of our existing backlog,” said Dominic Savarino, Vice President and General Manager, Americas. The DB50 is a dynamically positioned (DP2) premier heavy-lift vessel with deepwater lowering capabilities that can accommodate 320 personnel.

21 Jul 2014

McDermott Awarded Megalodon Platform Installation

Photo: McDermott

McDermott International, Inc. announced today that one of its subsidiaries was awarded a contract to provide transportation and installation services to Walter Oil & Gas Corporation for the Megalodon platform destined for South Timbalier Block 311 in the Gulf of Mexico. The project is expected to be included in McDermott’s third quarter 2014 backlog. McDermott will provide all materials and equipment to transport and install the six-pile platform in 391 feet of water, over an existing well site.