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 🌱 Mombak Beat Google's 2028 Carbon Deadline by Two Years 🛫 China's First SAF Compliance Service for Foreign-Registered Business Jets Successfully Implemented ✈️ UMeWorld Advances...
Inside This News ⚡ IRS Expands and Extends 45Q Safe Harbor, Offering Long-Term Certainty to Carbon Capture Projects 🌊 South Korea Signs MoU for 320MW Green Hydrogen Complex 🌱 Senken and Carbonsate...
Inside This Issue 📋 GAO Report Flags Oversight Gaps in 45Q Carbon Capture Credit 💰 Google Opens 2026 R&D Awards Offering $6M+ for Carbon Removal and Superpollutant Research 🌍 NEOM Green Hydrog...
Research to be presented at COM 2026 highlights Novacium’s proprietary HyDRAS™ process, which combines black dross and bauxite residue to produce hydrogen while recovering value from aluminum indu...
Shanghai Electric Contributes to World-Record Biomethanol Bunkering Operation
SHANGHAI, Aug. 20, 2026 /PRNewswire/ -- On August 17, Shanghai Electric partnered with Shanghai International Port Group and CMA CGM Group to conduct a biomethanol bunkering operation with a total ...
MISSISSAUGA, Ontario, Aug. 18, 2026 /PRNewswire/ -- Next Hydrogen Solutions Inc. is pleased to announce that it has completed a Basic Design Engineering Package (BDEP) for a planned 10 MW fueling s...
Syzygy Plasmonics and IFC Partner to Advance Sustainable Aviation Fuel Projects Across Latin America
Framework agreement supports the development of Syzygy's SAF project pipeline in Latin America, beginning with its first planned commercial-scale facility in Uruguay. Syzygy Plasmonics, a leader i...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.