McDermott International Secures FEED Contract for Subsea Pipeline
Delta Offshore Energy, a Singaporean company, has awarded a Front End Engineering Design (FEED) contract to McDermott International LTD for a subsea gas pipeline. The pipeline will connect an offshore LNG regasification platform to onshore 3,200-megawatt (MW) powerplant in Bac Lieu Province, Vietnam. McDermott has also been awarded the pre-engineering geotechnical and geophysical survey services being carried out as a part of the FEED scope.
McDermott's new Houston office is leading engineering services—supported by its Kuala Lumpur office, which has a long track record of delivering solutions to customers in Vietnam. McDermott will perform project management, execution planning and estimation services. Installation studies will be performed by McDermott's marine operations.
McDermott's extensive experience in Vietnam and recent work for Delta Offshore Energy were key factors for this contract win. McDermott has more than 20 years of experience working in Vietnam and will leverage its relationship with local partners to smoothly execute the scope. Three months prior to the award, McDermott commenced a project feasibility study for the project, which was converted into the FEED. The company expects the FEED contract will be converted into an EPCI contract in the first quarter of 2021.
McDermott is one of the world's premier fully-integrated provider of engineering and construction solutions to the energy industry.