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Home > Press Room

PRESS RELEASE: December 15, 2005

J. Ray McDermott Morgan City Facility Awarded Jacket and Deck Fabrication

 

 

J. Ray McDermott, S.A. ("J. Ray"), a subsidiary of McDermott International Inc. (NYSE: MDR) ("McDermott"), announced today that it has been awarded a contract by Seneca Resources Corporation for the design engineering, procurement, structural fabrication, process outfitting and loadout of a three-pile jacket and deck. The contract is expected to be completed by May 2006

Components of the turnkey proposal include the jacket, deck with process facilities, piles and heliport. Pinnacle Engineering will provide the detail design and equipment procurement as the principle subcontractor working with J. Ray on the turnkey contract. The completed facility will be installed in approximately 124 feet of water in Viosca Knoll Block 432.

"We expect this award to demonstrate to the market the cost competitiveness of J Ray's Morgan City facility for shelf work and our flexibility in bringing the right team members to the table to offer our customers a winning solution," said Steve Becnel, J Ray's General Manager of Fabrication Operations.

J. Ray's Morgan City Fabrication facility was established in 1956 and for over five decades has been the construction site for some of the offshore industry's most significant projects. Continuous improvements and investments in infrastructure, along with a highly skilled and dedicated workforce, have enabled the facility to competitively and safely produce quality structures for the offshore oil and gas industry.

J. Ray McDermott, S.A, is a leading provider of solutions for offshore field development worldwide. McDermott International Inc. is a leading worldwide energy services company. McDermott's subsidiaries provide engineering, fabrication, installation, procurement, research, manufacturing, environmental systems, project management and facilities management services to a variety of customers in the power and energy industries, including the U.S. Department of Energy.

For more information, please contact:

Louise Denly
Director, Public Relations
J. Ray McDermott, Inc.
Houston, TX
(281) 870-5000
E-Mail:ldenly@mcdermott.com
www.mcdermott.com