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 🍺 AirCapture And Almanac Beer Co. Launch World’s First Commercial Beer Carbonated With Co2 Captured From The Atmosphere With Direct Air Capture 🌱 Boeing Signs Record Carbon Remov...
Inside This Issue 🚢 Viking Announces Float Out of the World's First Hydrogen-Powered Cruise Ship 🏗️ Aker Solutions Wins FEED Contract for CO₂ Terminal in Lithuania 🧪 Woodside Delays Blue Ammonia P...
Inside This Issue 🌽 The Fertilizer Fix Quietly Rewiring America's Ethanol Chain 🛢️ Texas Has Taken Over Issuing Permits To Store Carbon Underground. Here’s What To Know 🚛 Charbone Confirms A New D...
Second UK CO2 Storage Licensing Round Yields Interest for Over 2 Million North Sea Acres
The North Sea Transition Authority (NSTA) has received bids from carbon storage developers for more than 2 million acres of North Sea seabed as part of its second carbon storage licensing round. ...
Flow – Clean Air Edition uses 99.999% pure atmospheric CO2 captured onsite by Aircapture’s Direct Air Capture system, which enables breweries to generate their own CO2 and reduce reliance on unpred...
Acelen Renewables And Finboot Sign Partnership To Expand Biofuel Traceability
Acelen Agripark serves as the primary R&D engine for Acelen's broader goal of producing 1 billion liters of sustainable fuels annually in Bahia, Brazil. Agreement aims to establish a digital s...
Sumitomo And Cemvita Partner To Integrate Biomethane And Bio-Oil Production In Brazil
Sumitomo Corporation do Brasil and Cemvita Inc. have signed a memorandum of understanding to develop integrated biomethane and renewable bio-oil projects in Brazil, with the bio-oil intended as a p...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.