McDermott awarded EPCC contract for Tyra Redevelopment Project by Maersk Oil

McDermott International, Inc. (NYSE:MDR) last week secured a substantial contract award from Mærsk Olie og Gas A/S (Maersk Oil) for engineering, procurement, construction and commissioning (EPCC) services for the Tyra Redevelopment project, located offshore in the Danish sector of the North Sea.

The contract marks McDermott’s return to the North Sea for EPCC work. Scope of work under the contract includes provision of McDermott's full suite of EPCC services for 7 topside structures, 6 connecting bridges and 6 jacket extensions, all meeting the stringent technical requirements for the Danish sector of the North Sea.