Published by Todd Bush on April 2, 2025
HOUSTON, March 26, 2025 /PRNewswire/ -- McDermott has been selected by Shell Global Solutions International B.V. for an Enterprise Framework Agreement (EFA) for engineering and procurement services and integrated project management team services (IPMT). The EFA has a duration of three years with two one-year optional extensions.
The scope of the agreement encompasses the full suite of McDermott's offerings across its Low Carbon Solutions, Offshore Middle East, and Subsea and Floating Facilities business lines. McDermott will leverage its global engineering centers and expertise to support Shell with developing and executing world-class feasibility and front-end engineering solutions.
>> In Other News: The Next Big Thing in Carbon Capture? Trash.
"Our global execution model makes us the ideal partner to support Shell in the execution of their upcoming project portfolio," said Maurizio Coratella, McDermott's Executive Vice President, Chief Operating Officer. "By combining our low-carbon engineering, procurement, construction and installation delivery, strategic partnerships, technology innovation, fabrication and offshore installation capacity, we have the agility to progress our joint journey to net zero while maintaining the highest standards of safety."
McDermott has a longstanding relationship with Shell and is executing a large portfolio of deepwater projects for them in the US Gulf of Mexico, Trinidad and Tobago, Western Australia and in Malaysia.
McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach engineered to responsibly harness and transform global energy resources into the products the world needs. From concept to commissioning, McDermott's innovative expertise and capabilities advance the next generation of global energy infrastructure—empowering a brighter, more sustainable future for us all. Operating in over 54 countries, McDermott's locally-focused and globally-integrated resources include more than 30,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌱 Climeworks Cuts Mammoth DAC Operating Costs by Over 50% 💰 ExxonMobil Wins Texas Approval for $5bn Carbon Capture Project 🌐 Open Coalition Approves Work Plan and Defines Secreta...
Inside This Issue 🍁 Enhance Energy's Origins Hub Reshapes Alberta Carbon Storage 🤝 Carbon Unbound Merges East and West Coast Summits Into One Flagship North American CDR Event 🧭 Vortex Energy Enga...
Inside This Issue 🛫 Methanol-to-Jet Clears the ASTM Gate. What Changes Now? 🌿 InPlanet Selected as the Brazilian Supplier in Whirlpool Corporation's Durable Carbon Removal Portfolio 🧲 Climeworks A...
FedEx: Expands Sustainable Aviation Fuel Agreements Across U.S. Air Network
MEMPHIS, Tenn., Sept. 15, 2026 - FedEx is scaling its sustainable aviation fuel (SAF) procurement through new agreements projected to secure more than 20 million gallons of neat SAF across five U.S...
Praj and Gevo Forge Landmark Alliance to Advance Bio-IBA in India
The agreement strengthens India's pioneering efforts to develop Bio-IBA as a renewable blending solution for decarbonizing one of the world's largest diesel markets. ENGLEWOOD, Colo and PUNE, Indi...
Novel approach addresses both methane and carbon dioxide removal and marks Google's largest carbon removal purchase to date, delivering 1M tonnes of impact by 2030 SAN FRANCISCO & SAO PAULO-- ...
AiP acquired after completing risk assessment of CO2 handling operations specific to low-pressure liquefied CO2 carriers and establishing a safety-focused design policy Utilizes the MILES-based st...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.