Mcdermott International Inc (NYSE:MDR)

7.60
Real-Time Quote
 +0.025 / +0.33%
Today’s Change
6.58
Today|||52-Week Range
9.36
-17.09%
Year-to-Date
SECTOR
Industrial Services
INDUSTRY
Oilfield Services/Equipment
MARKET CAP
$1.8B

Company Description

McDermott International, Inc. is an engineering, procurement, construction and installation company, which focuses on designing and executing complex offshore oil and gas projects worldwide. It provides EPCI services and delivers fixed and floating production facilities, pipeline installations and subsea systems from concept to commissioning. The company operates its business through: Asia pacific, Atlantic, Caspian and the Middle East segments. The Asia Pacific segment serves the needs of customers in Australia, Indonesia, Vietnam, Malaysia and Thailand. It focuses on fabrication and installation of fixed and floating structures and the installation of pipelines and subsea systems. The Atlantic segment serves the needs of customers in United States, Brazil, Mexico, Trinidad and West Africa. It includes fabrication and installation of fixed and floating structures and the installation of pipelines and subsea systems. The Middle East segment which includes the Caspian region serves the needs of customers in Saudi Arabia, Qatar, the United Arab Emirates, Kuwait, India, Azerbaijan, Russia, and the North Sea. It relates to fabrication and offshore installation of fixed and floating structures and the installation of pipelines and subsea systems. McDermott International was founded in 1923 and is headquartered in Houston, TX.

Contact Information

McDermott International, Inc.
757 North Eldridge Parkway
Houston Texas 77079
P:(281) 870-5000
Investor Relations:
(281) 870-5025

Employees

Shareholders

Mutual fund holders56.24%
Other institutional55.12%
Individual stakeholders2.16%

Top Executives

David DicksonPresident, Chief Executive Officer, COO & Director
Perry L. EldersChief Financial Officer, Treasurer & Senior VP
Maurice TayehChief Information Officer & Vice President
Gary CarlsonChief Administration Officer & Senior VP
Liane K. HinrichsSecretary, Senior Vice President & General Counsel

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