Joint Ventures

FloaTEC, LLC

A joint venture company between a subsidiary of McDermott and Keppel FELS. FloaTEC, LLC offers floating facilities technology and project management  with an unmatched portfolio of hull designs encompassing proprietary Spar​s, TLPs and Semisubmersibles.

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io oil & gas consulting

A GE and McDermott venture. io oil & gas consulting leverages the contractor community knowledge base to deliver end-to-end solutions allowing major players in the oil and gas industry to buy a holistic service from one integrated and unified service provider.

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McDermott Wuchuan

Formed between a subsidiary of McDermott and a subsidiary of state-owned China Shipbuilding Industry Corporation, McDermott Wuchuan offers competitive and integrated construction of topsides and modules for offshore and onshore markets worldwide.

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McDermottCapeHydra Limited

Building McDermott’s presence in Ghana with minority partners Cape 3 Services and Hydra Offshore Group of Accra, Ghana, the McDermottCapeHydra joint venture will optimize both local and international expertise to support the development and growth of Ghana’s offshore oil and gas industry.

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Petrofac (Strategic Alliance)

The five-year alliance expects to provide oil and gas companies a competitive, integrated solution across a broad range of complex engineering, procurement, construction and installation projects in deep and ultra-deepwater across the US Gulf of Mexico, Mexico, Brazil, the North Sea, Mediterranean and West Africa.

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