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 🌱 Bio-Oil Breakthrough: Cleaning Up Abandoned Wells While Cutting CO₂ ⛏️ MAX Power Begins Historic Drilling of Canada’s First-Ever Natural Hydrogen Well ⚡ California Pauses Hydro...
Inside This Issue 💰 G20's Carbon Removal Gap Opens $1 Trillion Door ✈️ Gold Standard Labels First Credits As Eligible For CORSIA Compliance 🌲 Chestnut Carbon Has Sold High-Integrity IFM Carbon Rem...
Inside This Issue 💨 How Direct Air Capture Could Drop 75% in Cost ⚡ Cache Power Advances 30 GWh Compressed Air Energy Storage Project In Alberta 🪨 Canada Nickel And The University Of Texas At Aust...
MAX Power Begins Historic Drilling of Canada’s First-Ever Natural Hydrogen Well
The Lawson Target Exhibits All Five Key Elements for a Potential Natural Hydrogen Accumulation Including Source Rocks, Migration Pathways, Reservoirs, Seals and Traps, Along With a Defined Four-Way...
Next Hydrogen Announces $20 to $30M Equity Private Placement Led by Smoothwater Capital Corporation
MISSISSAUGA, Ontario, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Next Hydrogen Solutions Inc. (the “Company” or “Next Hydrogen”) (TSXV:NXH, OTC:NXHSF), a Canadian designer and manufacturer of hydrogen elect...
Cell Impact And Thyssenkrupp Automation Engineering Enter Cooperation Agreement
Cell Impact and thyssenkrupp Automation Engineering have entered a Strategic Cooperation Agreement for Joint Market Success in the Field of Hydrogen. The agreement includes a shared ambition to ca...
Innovative and proprietary solution aims to set a new standard for high-efficiency performance while delivering superior economics and flexibility to operate on natural gas and renewable natural ga...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.