McDermott

McDermott International has secured a contract to install a platform in the US Gulf of Mexico for Walter Oil & Gas.

Under the contract, McDermott will transport and install the 3,300t jacket and 2,100t topsides on South Timbalier Block 311 in the Gulf of Mexico.

The six-pile Megalodon platform will be placed over an existing drill site with installation operations anticipated to start in the fourth quarter of 2014.

McDermott International vice-president and general manager of Americas Dominic Savarino said: "McDermott is pleased to work again for Walter to support its drilling and production activities.

"This project supports our goal to maximise our asset utilisation between large contracts through short-term transportation and installation work."

"McDermott expects to include the project in its third-quarter 2014 backlog."

In October 2013, Walter Oil & Gas awarded a contract to Gulf Island Fabrication to build the jacket, piles and topsides for the Megalodon project.

McDermott expects to include the project in its third-quarter 2014 backlog.

McDermott offers engineering, procurement, construction and installation services for global upstream field development projects.

The company supplies fixed and floating production facilities, pipelines and subsea systems from concept to commissioning for complex offshore and subsea oil and gas projects to help firms safely produce and transport hydrocarbons.


Image: The McDermott heavy-lift vessel, Derrick Barge 50, will install the Megalodon platform in 391ft of water, over an existing well site in the Gulf of Mexico. Photo: courtesy of Business Wire.

Energy