McDermott

Engineering and construction firm McDermott International and pipeline technology developer New Energy Development Co. have wrapped up engineering for two modular 50-MW hydrogen energy projects that they said could enable “grid-scale” hydrogen blending with natural gas pipelines as well as potentially integrate existing or new power plants with energy storage.  The “Green Hydrogen” facilities, which […]

The Montgomery County Power Station, a two-unit 993-MW natural gas-fired combined cycle plant, achieved commercial operation on Jan. 1, Entergy Texas Inc. and McDermott International Ltd. reported on Jan. 13. The plant—located at Entergy’s existing Lewis Creek site near Willis, Texas, about 50 miles north of Houston—was reportedly brought online “well ahead of schedule,” according […]

Strengthens Balance Sheet and Demonstrates Confidence in Operations Enhances Financial Flexibility for Continued Strong Project Execution and Pursuit of New Opportunities New Capital Commitment Provided By Certain Existing Lenders and Shareholders HOUSTON, Nov. 18, 2020 /PRNewswire/ — McDermott International, Ltd (“McDermott” or the “Company”) today announced that it has secured approximately $560 million in new capital […]

A project to demonstrate a novel power cycle that promises to produce low-cost, reliable, and flexible power from natural gas—while generating no atmospheric emissions, and fully capturing carbon dioxide—is inching closer to commissioning. Its developers are now actively assessing siting for the first commercial-scale 300-MW NET Power facility. NET Power’s 50 MWth Demonstration Plant in La […]

Facility has been turned over to the customer, Calpine Mid-Merit Combined-Cycle Power Station has begun commercial operations New facility will provide power to nearly 800,000 customers HOUSTON, March 18, 2019 – McDermott International, Inc. (NYSE: MDR) announced today it successfully achieved substantial completion at Calpine’s York 2 Energy Center, a combined-cycle gas power station in […]

HOUSTON, March 11, 2019 — McDermott International, Inc. (NYSE: MDR) and Baker Hughes, a GE company (NYSE: BHGE) have announced today that they have been awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system (SPS) equipment contracts by BP for the Greater Tortue Ahmeyim natural gas project, located offshore Mauritania and Senegal. BP, […]