McDermott extends Jebel Ali lease

Offshore staff

DUBAI, UAE -- McDermott International has renewed for a further 30 years the lease for its fabrication facility, marine base, and Middle East headquarters in the Jebel Ali Free Zone (Jafza) in Dubai.

The company originally started operating in the region from a yard on the shores of the Dubai Creek in 1971, before relocating to Jafza in 1986. This facility was officially inaugurated in January 1987.

The 58-ha (143-acre) yard has the capacity to perform over 8 million man-hours/yr of work, and over 50,000 metric tons/yr (55,115 tons/yr) of facilities, while also serving as the marine base to four work barges and a fleet of support vessels.

09/20/2010

Related Articles

Bright future ahead for UK offshore, says government adviser

Dec 22, 2014

Former Wood Group chairman Sir Ian Wood believes that the fortunes of the UK North Sea industry will improve by 2016.

Court rules against Transocean in Ireland rig costs dispute

Dec 22, 2014

Providence Resources confirms that a judgment was handed down by the Hon. Mr. Justice Popplewell on Friday, Dec. 19, in the Commercial Court in London concerning costs claimed by Transocean.

Premier sells stakes in four North Sea fields

Dec 22, 2014

Premier Oil has completed two asset transactions in the North Sea with a combined cash consideration of $147.5 million. 

NZOG takes stake in Cue Energy

Dec 22, 2014

New Zealand Oil & Gas (NZOG) has agreed to acquire 19.99% of the shares in Cue Energy from Todd Petroleum Mining for $11.37 million.

Gazprom entry to North Sea shelved

Dec 19, 2014

BASF and Gazprom have cancelled a planned asset swap in Europe, which was due to go through at the end of the year.

Trending News

BP has agreement in principle to settle governmental Macondo claims

Jul 2, 2015

BP has an agreement in principle to settle all federal and state claims arising from the Macondo oil spill in the Gulf of Mexico. 

Norwegian government realigns Johan Sverdrup field interests

Jul 2, 2015

The Norwegian Ministry of Petroleum and Energy has determined the various ownership interests in the Johan Sverdrup field in the central Norwegian North Sea.

South Pars Phase 1 platform capacity upgrade completed

Jul 2, 2015

Production capacity of Platform SPD1 serving Phase 1 of the South Pars gas field in the Persian Gulf has reached 1 bcm/d (35 bcf/d).

Noreco settles offshore Denmark liabilities

Jul 2, 2015

Norwegian Energy Co. (Noreco) has reached agreement with its joint venture partners in the Danish North Sea on its forfeited licenses and related abandonment liabilities.

COSCO Qidong extends delivery of semisubmersible accommodation rig to Axis Offshore

Jul 2, 2015

COSCO Qidong Offshore Co. Ltd. has agreed to extend the delivery of a harsh environment semisubmersible accommodation rig to Axis Offshore. 

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

Search More Job Listings >>