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McDermott to Install Umbilicals & Subsea Equipment in Deepwater Gulf of Mexico Walker Ridge Field Development (McDermott International Inc)

(Source: McDermott International Inc) McDermott to Install Umbilicals & Subsea Equipment in Deepwater Gulf of Mexico Walker Ridge Field Development HOUSTON--(BUSINESS WIRE)--Jul. 1, 2013-- McDermott International, Inc. (NYSE: MDR) ("McDermott") announced today that one of its subsidiaries has been awarded an engineering, procurement and construction (EPC) contract by Exxon Mobil Corporation for its Julia development. The value of the contract is included in McDermott's second quarter 2013 backlog. The Julia field is located approximately 265 miles southwest of New Orleans in the Gulf of Mexico Walker Ridge area in water depths of approximately 7,000 feet. The Julia Phase I project is a...

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