Latest Posts Under: McDermott International

McDermott to explore possible sale of Lummus Technology

McDermott International, a US-based provider of technology, engineering and construction solutions to the energy industry, will explore all possible options to assess the strategic and financial value of its technology business Lummus Technology. The move follows unsolicited approaches received by the company to acquire all or part of Lummus Technology for an enterprise value of […]

McDermott wins contract for PetroLogistics propane dehydrogenation plant

McDermott International has received a front-end engineering design (FEED) contract from PetroLogistics ll LLC for a propane dehydrogenation plant (PDH plant) in the US Gulf Coast. The contract, valued between $1 million and $50 million, will include the development of a propane dehydrogenation plant. The plant with a design basis of 500,000-tonne per year is […]

McDermott wins fluid catalytic cracking unit contract for Panipat Refinery

McDermott International has received a technology contract for grassroots fluid catalytic cracking unit (FCC unit) for the Panipat Refinery in Haryana, India owned by Indian Oil Corporation Limited (IOCL/ IndianOil). With a value between $1 million and $50 million, the contract involves technology license, basic engineering, proprietary equipment, training and technical services. The fluid catalytic […]

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