HOUSTON, Nov. 01, 2016 (GLOBE NEWSWIRE) -- McDermott International, Inc. (NYSE:MDR) (“McDermott”) announced it has opened a new office in Al Khobar, Saudi Arabia, with the ability to add 300 staff to its existing workforce in the Kingdom.
The new office expands McDermott’s engineering capacity in the region and will enhance its offering in Saudi Arabia.
“The opening of our new office further solidifies our leadership in the area and our commitment to Saudi Arabia,” said Linh Austin, Vice President, Middle East and Caspian. “This new office expands our current capability in Kingdom and for the region and increases support to our customers, particularly in brownfield work.”
“This is just one of several initiatives demonstrating McDermott's continued commitment to the Saudi market and the In-Kingdom Total Value Add (IKTVA) Program,” added Austin.
The office opening follows McDermott’s recent Dammam yard inauguration and recruitment drive in Al-Khobar, where the Company interviewed and assessed more than 600 Saudi craftsmen to support IKTVA localization objectives.
McDermott has an extensive history of executing complex EPCI projects offshore Saudi Arabia and is committed to supporting the continued growth of oil and gas production in the Kingdom. Through decades of regional experience and intimate knowledge gained of field conditions, McDermott’s Saudi operation has been established as a brownfield center of excellence.
About McDermott
McDermott is a leading provider of integrated engineering, procurement, construction and installation (EPCI) services for upstream field developments worldwide. The Company delivers fixed and floating production facilities, pipelines and subsea systems from concept to commissioning for complex offshore and subsea oil and gas projects to help oil companies safely produce and transport hydrocarbons. Our customers include national and major energy companies. Operating in approximately 20 countries across the world, our locally focused and globally integrated resources include approximately 12,400 employees, a diversified fleet of specialty marine construction vessels, fabrication facilities and engineering offices. We are renowned for our extensive knowledge and experience, technological advancements, performance records, superior safety and commitment to deliver. McDermott has served the energy industry since 1923. As used in this press release, McDermott includes McDermott International, Inc. and its subsidiaries and affiliates. To learn more, visit our website at www.mcdermott.com.



