McDermott Consortium Selected in Gendalo-Gehem Tender Process

abarrelfullabarrelfull wrote on 02 Jun 2014 15:51
Tags: asia engineering indonesia mcdermott

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McDermott International, Inc. (NYSE: MDR) (“McDermott”) announced today that a consortium, which includes subsidiaries of McDermott and PT Encona Inti Industri, has been notified of its selection as the successful bidder in the tender process for an engineering, procurement and construction (“EPC”) contract for the Gendalo-Gehem natural gas development in East Kalimantan, Indonesia.

Award of the contract will be subject to various conditions, including government and regulatory approvals and final investment decision.

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