McDermott Overview
McDermott designs and develops integrated solutions and products for the energy sector. The company primarily operates through offshore and subsea, downstream, liquefied natural gas (LNG), and power. In the offshore and subsea segment, it offers technology and EPCI services for the upstream oil & gas sector. It also offers topsides and floating production and storage and offloading (FPSO) vessels and pipelines.
The company has a wide presence with more than 70 offices in nearly 54 countries, across the world. The client portfolio includes companies across oil and gas, petrochemical, and electric power sector. It primarily competes with offshore companies including China Offshore Oil Engineering Co. Ltd, Fluor Corporation, Hyundai Heavy Industrial Co. Ltd, Petrofac International Ltd, Saipem S.P.A., Samsung Heavy Industries Co. Ltd, TechnipFMC plc, Subsea 7 S.A., Techidas Reunidas, S.A, and Wood plc.



