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McDermott International Inc (NYSE:MDR)

6.93
Delayed Data
As of Dec 02
 +0.04 / +0.58%
Today’s Change
2.20
Today|||52-Week Range
7.17
+106.87%
Year-to-Date
SECTOR
Industrial Services
INDUSTRY
Oilfield Services/Equipment
MARKET CAP
$1.7B

Company Description

McDermott International, Inc. is an engineering, procurement, constructions 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. It operates through the following segments: Americas, Europe, and Africa (AEA); the Middle East (MEA); and Asia (ASA). The AEA segment focuses on the fabrication and offshore installation of fixed and floating structures and the installation of pipelines and subsea systems of customers from the Americas, Europe and Africa. The MEA segment provides services to the Caspian region of Saudi Arabia, the U.A.E., Qatar, Kuwait, India, Azerbaijan, and Russia. It relates primarily to the fabrication and offshore installation of fixed and floating structures and the installation of pipelines and subsea systems. The ASA segment serves customers based in Australia, Indonesia, Brunei, India, Malaysia, Vietnam and Thailand. The company 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) 870-5584

Employees

Shareholders

Mutual fund holders46.61%
Other institutional35.42%
Individual stakeholders2.62%

Top Executives

David DicksonPresident, Chief Executive Officer & Director
Thomas MackieVice President-Operations
Stuart A. SpenceChief Financial Officer & Executive Vice President
Liane K. HinrichsSecretary, Senior Vice President & General Counsel
Claire P. MeaneyVice President & Assistant General Counsel