Established a fabrication facility and offshore support base on Batam Island, Indonesia.
Moved the Middle East fabrication yard and Marine base from Saudi Arabia to a 100-acre area on Dubai Creek in the United Arab Emirates.
Completed the spin-off of oil subsidiary Trans Ocean Oil, Inc.
Outfitted a derrick barge in the fleet with a saturation diving system capable of operating in 800 feet of water. Installed the first Middle East subsea completion wellhead and production facility complex, including laying 70 miles of 18-inch pipe for Iranian Marine International Oil Company in the Rostam field of the Arabian Gulf.
Acquired Ingram Corporation’s foreign marine construction equipment business, expanding McDermott’s operations into Australia, Trinidad and Brazil.
Installed three Khazzan oil storage tanks for Dubai Petroleum Company in the Arabian Gulf.
Engineered, procured, constructed, installed and commissioned Ju’Aymah Terminal (Saudi Arabia), the world’s largest oil export terminal − comprising 46 miles of large pipelines, 12 pile jackets and three Single Buoy Mooring Systems.
Constructed and installed the first subsea production system for Exxon in the Gulf of Mexico.