News

McDermott Secures Major Contract for Decommissioning Projects

McDermott Secures Major Contract for Decommissioning Projects

McDermott Takes on Key Decommissioning Project

McDermott has recently been awarded a significant engineering, procurement, removal, and disposal (EPRD) contract by Santos to decommission the Harriet Alpha platform and its accompanying infrastructure. This project is pivotal in advancing safe and responsible decommissioning practices.

Significance of the Harriet Alpha Platform

The Harriet Alpha platform, one of the largest in the region, is part of the Harriet Joint Venture (HJV) assets. The contract awarded follows McDermott's successful decommissioning of the Campbell project for Santos, showcasing the company's capabilities in managing complex offshore projects.

Scope of Work Included

As part of the contract, McDermott will carry out various essential tasks. This encompasses engineering, procurement, and fabrication of specialized equipment, alongside the removal and transportation of the platform structure to shore for dismantling. Furthermore, they will also handle the removal and disposal of a flare tower and a subsea development system, which includes two template wells.

McDermott’s Commitment to Sustainability

According to Mahesh Swaminathan, McDermott's Senior Vice President of Subsea and Floating Facilities, this contract is a testament to McDermott's dedication to providing tailored solutions. The project reflects a proactive approach to safely and efficiently remove infrastructure once it has reached the end of its operational lifecycle.

Project Management and Execution Team

The management and engineering processes for this project will be carried out by McDermott's team based in Perth, supported by professionals from Batam and Kuala Lumpur. This collaborative effort emphasizes McDermott's global reach and expertise.

About McDermott

McDermott International, Ltd is a fully-integrated provider of engineering and construction solutions tailored for the energy industry. Their technologically driven strategies focus on harnessing and transforming global energy resources responsibly. With operations in over 54 countries, they employ a workforce of more than 30,000. Their extensive capabilities advance global energy infrastructure toward a more sustainable future.

Frequently Asked Questions

What is the Harriet Alpha decommissioning project?

The Harriet Alpha project involves the safe removal and disposal of the Harriet Alpha platform and related infrastructure.

How does McDermott ensure sustainability during decommissioning?

McDermott focuses on responsible removal and environmentally sound practices during decommissioning, reflecting their commitment to sustainability.

Where is McDermott's project management team located?

The project management and engineering team is based in Perth, Australia, collaborating with teams from Batam and Kuala Lumpur.

What is the scope of services McDermott will provide?

McDermott will deliver engineering, procurement, fabrication, removal, and disposal services as part of the decommissioning project.

How many employees does McDermott have globally?

McDermott employs over 30,000 workers worldwide, showcasing its significant presence in the energy sector.

About The Author

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

Top 10 Most Recent News Articles

Jacob Walthour to Be Honored for Economic Leadership

Updated Category News Views 7

The Honoring of Leadership That Goes Beyond Business In a world where financial influence often feels like it funnels into the same familiar pockets, the news of Jacob Walthour Jr.'s upcoming recognition feels like a fresh breeze of change. The Alpha Phi Alpha's Alpha Alpha Lambda Chapter is rolling out the red carpet at its Centennial Gala for Walthour, throwing him into...

Continue Reading
American Savings Bank IPO Hits NYSE: $129M Raised

Updated Category News Views 13

A Big Day for American Savings Bank Buckled up yet? Because American Savings Bank has just shot onto the NYSE, raising a hefty $129 million. A solid start, I’d say, for a Honolulu-based outfit that now struts around with a valuation tipping beyond $1.03 billion. That’s what you get when you price more than eight million shares at $16 a pop. NYSE:ASBH is the new kid on...

Continue Reading
2026 CEE Awards Highlight Energy Innovation Leaders

Updated Category News Views 7

Showcasing Cutting-Edge Home Energy Innovations It's that time of year again when the brightest innovators in home energy solutions get a nod from the Consortium for Energy Efficiency (CEE). This year's Integrated Home Competition spotlighted five trailblazing products that promise to reshape how we think about energy efficiency, demand flexibility, and sheer user comfort...

Continue Reading
Propensity Rockets to No. 70 on the 2026 Inc. 5000 List

Updated Category News Views 6

Hold onto your hats, folks—Propensity just blasted its way to Number 70 on the Inc. 5000 for 2026. That's quite a leap from the 2,591 spot just last year. If you're scratching your head wondering what's behind this meteoric rise, it’s all about AI and knowing which buyer signals really matter. The AI Advantage in B2B The B2B marketing space isn't exactly the new Wild...

Continue Reading
Ransoms and Mega-Losses Surge in Cyber Claims Study

Updated Category News Views 5

Cyber Costs Skyrocket in Latest Study NetDiligence’s 2026 Cyber Claims Study isn't just another report—it’s a wake-up call. The numbers paint a stark picture: cyber incidents are burning deeper holes in pockets, and no one's immune. Whether you're a scrappy SME or a lumbering corporate giant, this report puts a magnifying glass to the chilling reality of cyber...

Continue Reading
Medicare Competitive Bidding May Slash Jobs, Access

Updated Category News Views 5

Medicare's New Program: Potential Knockout Punch? Today, we dive into Medicare's latest shake-up that might just be the unseen wrecking ball swinging toward thousands of jobs and small businesses in the healthcare sector. Two years from now, starting January 2028, the Competitive Bidding Program is set to reroute the entire landscape for suppliers of key medical products...

Continue Reading
B2B Growth Hinges on Narrative Coherence, Study Shows

Updated Category News Views 6

Clear Stories, Stronger Growth If companies can't tell a clear story that their buyers understand and believe, they're destined to stagnate. That's the blunt reality kompeld is pushing with their H2 2026 Narrative Coherence Benchmark. The report scores 150 B2B tech companies on their narrative coherence, showing there's a stark correlation between storytelling and growth....

Continue Reading
Goddess Maintenance Co. Eyes BeautyMatter Award

Updated Category News Views 5

Challenging the Haircare Norm with Confidence Goddess Maintenance Co. doesn't just draft a fresh play in the beauty industry playbook—it's ripping out the old pages and setting a new standard. This ain't your granny's haircare game anymore, folks. They're up for a 2026 BeautyMatter Award, a nod to their gut-busting innovation in the conditioner category with their star...

Continue Reading
OrthoAtlanta Expands with Dr. Smith's Expertise Hire

Updated Category News Views 5

OrthoAtlanta Welcomes New Orthopedic Surgeon In a world where healthcare organizations are constantly stretching their wings, this new addition of Dr. Carson J. Smith to the fold at Piedmont Orthopedics | OrthoAtlanta stands out. This isn't just some cosmetic face-lift, folks. It's a real investment in the community, not to mention a crucial broadening of what this...

Continue Reading
Koogler's Sale to ALL4: A Game-Changer for the Southeast

Updated Category News Views 6

A Strategic Alignment Unfolds in Environmental Engineering Ever notice how those industry shifts often sneak up on you, only to leave a mark that's hard to ignore? That's exactly what's playing out with Koogler & Associates' recent hookup with ALL4 LLC. Set aside that coffee, this one's too important to miss if you've got a stake in the environmental consulting game or...

Continue Reading

Top 5 Most Recently Viewed Articles

Analyzing Intellinetics: Earnings Expectations and Insights

Updated Category News Views 90

Understanding Intellinetics's Upcoming Earnings Intellinetics INLX is gearing up to release its latest quarterly earnings report shortly. Investors are keenly observing this moment, eager to discover how the company has performed and what guidance will be provided for the future. Such insights can significantly impact market reactions and stock movements. Estimated...

Continue Reading
EngageSmart Faces Class Action Over Alleged Merger Irregularities

Updated Category News Views 178

EngageSmart Under Legal Scrutiny EngageSmart, Inc. has recently come under the spotlight due to a class action lawsuit that has been filed against the company. This legal action has brought attention to potential violations of federal securities laws that transpired during the company’s efforts to transition through a significant corporate merger. Overview of the Class...

Continue Reading
NationsBenefits and Rite Aid Team Up for Health Access Boost

Updated Category News Views 95

NationsBenefits Partners with Rite Aid to Transform Health Access NationsBenefits®, a leader in healthcare fintech and supplemental benefits, is excited to announce its partnership with Rite Aid, further expanding its network of retail partners. This collaboration enables members of NationsBenefits' health plan clients to access their Benefits Mastercard® Prepaid Card...

Continue Reading
Beyond Oil's Remarkable Growth in Second Quarter of 2025

Updated Category News Views 153

Beyond Oil's Impressive Financial Results In a significant announcement, Beyond Oil Ltd. has revealed its financial results for the second quarter of 2025, showcasing an extraordinary growth trajectory. The food-tech innovation company, known for its groundbreaking solutions aimed at reducing the health risks associated with fried food, has seen its revenue surge over 30...

Continue Reading
Vaisala Corporation Updates on Timo Leskinen's Transactions

Updated Category News Views 157

Insights into Recent Transactions by Vaisala Corporation Vaisala Corporation recently announced significant transactions involving key management personnel. Particularly, Timo Leskinen, a senior manager within the company, has made notable changes that emphasize the corporation's approach towards incentivizing its leaders. Understanding the Notification The notification...

Continue Reading