Broader Specialist Services News

McDermott International, Inc. announced that certain of its subsidiaries have entered into an agreement in which McDermott has acquired all of the outstanding shares of the DeepSea operating companies. Terms of the purchase are not being disclosed. Headquartered in London, England, with engineering offices in Houston, Europe and Asia Pacific, DeepSea’s specialty services encompass subsea engineering and project management and extend from the wellhead to fixed, floating or shore-based production facilities for oil and gas operators worldwide.