J. Ray Awarded Malaysia Pipeline Contract

J. Ray McDermott, S.A. announced that its Malaysian affiliate Barmada McDermott Sdn. Bhd. (BMD) has won a fast track transportation and installation contract from ExxonMobil Exploration and Production Malaysia Inc. for the 2.4km, 12 inch full well stream (FWS) replacement pipeline between Guntong-C and Guntong-A, off the east coast of Peninsular Malaysia.

The existing Guntong-C riser and a section of the existing pipeline will be replaced with a 2.4km pipeline riser with tie-in to the existing 12 inch pipeline.  A mechanical connector will be used to connect the new pipeline to the remaining section of the existing pipeline.

The project is expected to be completed by the end of 2008.

J. Ray McDermott, S.A., a subsidiary of McDermott International, Inc. (NYSE:MDR), and its subsidiaries provide engineering, construction, procurement, installation and project management services for offshore oil and gas developments worldwide.

(www.jraymcdermott.com)