J. Ray McDermott sends jacket to India

McDermott International Inc. subsidiary J. Ray McDermott has completed load-out of a 9,015-ton (8,178-metric ton) jacket built for India's Reliance Industries Ltd. as part of an engineering, procurement, construction, and installation contract.

Offshore staff

MORGAN CITY, Louisiana -- McDermott International Inc. subsidiary J. Ray McDermott has completed load-out of a 9,015-ton (8,178-metric ton) jacket built for India's Reliance Industries Ltd. as part of an engineering, procurement, construction, and installation contract.

Before embarking to India, the jacket stopped in Pascagoula, Mississippi, to rendezvous with a fast transport vessel (FTV). The jacket and cargo barge were loaded onto the FTV for a 46-day journey to the J. Ray marine and fabrication base on Batam Island, Indonesia, via the Suez Canal. After being offloaded from the FTV, the jacket and cargo barge will be towed for approximately 12 days to India.

"This is the first structure we have built here at Morgan City for export to India," says Bob Deason, J. Ray president and CEO. "The Reliance KG-D6 field development contract was a fasttrack project, and we were able to use our company's worldwide resources to ensure we met our customer's delivery deadline for first oil from the field by June 2008."

The jacket was built at J. Ray's Morgan City, Louisiana, fabrication facility. The piles and topsides are being fabricated at the company's Jebel Ali facility in the United Arab Emirates, with the piles scheduled for load-out in the near future and the topsides scheduled for sail away in early 2008. Design and engineering work were completed in Houston. All of the installation work will be carried out by J. Ray's in-house marine fleet.

Once the jacket and topsides are installed, hookup will begin, with expected completion in 1Q 2008.

9/4/2007

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