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 💰 DOE Restores $1.2B for DAC Hubs and 5 Hydrogen Projects 🌏 CCUS Hub Study Identifies Five Asia-Pacific Hub Sites and Welcomes New Consortium Partners 🧪 Petronor and H2SITE Partn...
Inside This Issue 🧪 Trump List Of Saved Projects Spares $5 Billion Hydrogen Hubs ✈️ eFuels SEA Brings Infinium eSAF Technology To Southeast Asia 💰 XCF Global, Inc. Announces Receipt Of $10 Million...
Inside This Issue ⏸️ Microsoft's Carbon Removal Pause Puts A One-Buyer Market To The Test 🧱 Verde Developing Environmental Product Declaration (EPD) For Its Engineered Biochar In Road Materials 🌲 ...
BILBAO, Spain -- H2SITE, a technology company specialised in advanced hydrogen production and separation solutions, has signed a strategic agreement with Petronor, a leading refinery and key indust...
CCUS Hub Study Identifies Five Asia-Pacific Hub Sites and Welcomes New Consortium Partners
In Phase 2, the identified hubs will be further defined and optimised, with a focus on commercial model development and more rigorous regulatory gap assessment. The Study welcomes three new indust...
HOUSTON, April 20, 2026 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (NASDAQ: USEG) (“U.S. Energy” or the “Company”), an integrated energy company advancing a diversified industrial gas, energy, and carbo...
Carbonfuture Signs Multi-Year Agreement with Boeing to Supply Carbon Removal Credits
In what they claim is one of the aviation sector’s largest procurements of its type, Boeing and Carbonfuture have signed a multi-year agreement for at least 40,000 tonnes of high-durability carbon ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.