McDermott Lands Significant Offshore Natural Gas Contract in Brunei

Major Natural Gas Project in Brunei

McDermott International, Ltd has recently announced the acquisition of a vital contract from PETRONAS Carigali Brunei Ltd. aimed at supporting a natural gas development project offshore Brunei Darussalam. This initiative is not only pivotal for Brunei's energy strategy but also a testament to McDermott's growing influence in the regional subsea market.

The awarded contract encompasses engineering, procurement, construction, installation, and commissioning (EPCIC) of the subsea production system and related infrastructure. This includes the integration of six production wells connected to a floating production unit for effective natural gas extraction. Furthermore, McDermott is tasked with creating a gas export pipeline to facilitate the supply of feedstock for Brunei's liquefied natural gas (LNG) operations.

This project marks a significant advancement following McDermott's earlier successful work in front-end engineering design (FEED) and project readiness optimization. Mahesh Swaminathan, Senior Vice President for Subsea and Floating Facilities at McDermott, highlighted that the seamless transition from the FEED stage to a full EPCIC award showcases their engineering competence and commitment to enhancing project value through collaboration.

Notably, project management will be centralized at McDermott's engineering hub located in Kuala Lumpur, Malaysia, with contributions from their various global offices and project sites. This strategic oversight underscores McDermott's capability to manage complex projects effectively across different geographical locations.

The anticipated outcomes of this gas field development are set to significantly bolster Brunei’s energy demands while reinforcing its commitments to LNG exports. The project is expected to provide a consistent supply of natural gas, thereby stabilizing the domestic energy market and supporting future growth in the sector.

McDermott, recognized as a premium comprehensive provider of engineering and construction services for the energy sector, emphasizes a technology-driven and responsible approach to harnessing energy resources. Operating across over 30 countries, McDermott leverages its extensive expertise to advance global energy infrastructure, contributing to a sustainable energy future.

As a multifaceted company with more than 30,000 employees and a specialized fleet of marine construction vessels, McDermott is well-positioned to tackle the challenges presented by the evolving energy landscape. The successful execution of this project could pave the way for further collaborative efforts and innovative solutions in the world of natural gas.

This development in Brunei aligns with a broader regional emphasis on energy sustainability and advancements in the subsea domain, and it underscores the critical role that companies like McDermott play in the global energy landscape.

In conclusion, this contract enhances McDermott's portfolio and strengthens its standing in the Asian subsea market, marking an important milestone for both the company and Brunei's energy strategy.