Irish genealogy

McDermott Announces Successful Startup of World's Largest Catalytic Dehydrogenation Plant

Retrieved on: 
Thursday, July 11, 2019

HOUSTON, July 11, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced the recent successful startup of the world's largest catalytic dehydrogenation plant, which is located at Hengli Petrochemical (Dalian) Refinery Co., Ltd.'s site in Liaoning Province, China, and uses McDermott's Lummus CATOFIN technology.

Key Points: 
  • HOUSTON, July 11, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced the recent successful startup of the world's largest catalytic dehydrogenation plant, which is located at Hengli Petrochemical (Dalian) Refinery Co., Ltd.'s site in Liaoning Province, China, and uses McDermott's Lummus CATOFIN technology.
  • In addition to the technology license, McDermott also provided the process design package, training, and technical support for this plant.
  • "Lummus CATOFIN technology continues to be the dehydrogenation technology of choice, continually exceeding customer expectations for overall performance," said Leon de Bruyn, Senior Vice President of McDermott's Lummus Technology business.
  • McDermott is a premier, fully integrated provider of technology, engineering and construction solutions to the energy industry.

McDermott Awarded Sizeable Offshore Engineering Contract by Qatar Petroleum

Retrieved on: 
Thursday, July 11, 2019

HOUSTON, July 11, 2019 /PRNewswire/ --McDermott International, Inc. (NYSE: MDR) announced it has been awarded a sizeable* contract by Qatar Petroleum (QP) to carry out front-end engineering and design (FEED) work for offshore wellhead platforms, pipelines and cables associated with the North Field Expansion (NFE) project.

Key Points: 
  • HOUSTON, July 11, 2019 /PRNewswire/ --McDermott International, Inc. (NYSE: MDR) announced it has been awarded a sizeable* contract by Qatar Petroleum (QP) to carry out front-end engineering and design (FEED) work for offshore wellhead platforms, pipelines and cables associated with the North Field Expansion (NFE) project.
  • Work on the project will begin immediately, and the contract award will be reflected in McDermott's second quarter 2019 backlog.
  • * - McDermott defines a sizeable contract as between USD $1 million and USD $50 million.
  • McDermott is a premier, fully integrated provider of technology, engineering and construction solutions to the energy industry.

McDermott Provides Update on Asset Sale Process

Retrieved on: 
Monday, July 1, 2019

HOUSTON, July 1, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today provided an update on its asset sale process.

Key Points: 
  • HOUSTON, July 1, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today provided an update on its asset sale process.
  • McDermott continues to pursue a sale of the remaining portion of the U.S. pipe fabrication business, with an objective of concluding a transaction by the end of the third quarter of 2019.
  • The company aims to complete the sale of the storage tank business by the end of the third quarter of 2019.
  • Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.

Former Executive from Dolce & Gabbana and St. John Knits, Glenn McMahon, Joins Happy Returns as Chief Revenue Officer

Retrieved on: 
Wednesday, June 19, 2019

Happy Returns , a leading provider of return and logistics solutions for retailers and their customers, today announced the appointment of Glenn McMahon as Chief Revenue Officer.

Key Points: 
  • Happy Returns , a leading provider of return and logistics solutions for retailers and their customers, today announced the appointment of Glenn McMahon as Chief Revenue Officer.
  • Glenn brings a wealth of experience to our executive team and is the right commercial leader for this time in our business, said David Sobie, co-founder and CEO at Happy Returns.
  • McMahon joins Happy Returns with nearly three decades of experience leading global retail brands.
  • He was the Chief Executive Officer of iconic brand St. John Knits and led the companys rapid scaling and embrace of new distribution channels.

McDermott Awarded Paraxylene (pX) Technology Contract in China

Retrieved on: 
Thursday, June 13, 2019

HOUSTON, June 13, 2019 /PRNewswire/ --McDermott International, Inc. (NYSE: MDR) today announced that it has been awarded a sizeable* technology contract by Ningbo Union King Polyester Material Limited for the technology license, process design engineering, and operator training services for a large-scale, grassroots 1,600 KTA paraxylene (pX) plant at Ningbo Union King's petrochemicals facility in Ningbo, China.

Key Points: 
  • HOUSTON, June 13, 2019 /PRNewswire/ --McDermott International, Inc. (NYSE: MDR) today announced that it has been awarded a sizeable* technology contract by Ningbo Union King Polyester Material Limited for the technology license, process design engineering, and operator training services for a large-scale, grassroots 1,600 KTA paraxylene (pX) plant at Ningbo Union King's petrochemicals facility in Ningbo, China.
  • *McDermott defines a sizeable contract as between USD $1 million and USD $50 million.
  • McDermott is a premier, fully integrated provider of technology, engineering and construction solutions to the energy industry.
  • Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.

McDermott Awarded EPCI Contract by Petrobras for Sepia Field Project

Retrieved on: 
Tuesday, May 14, 2019

McDermott plans to use five vessels for the installation work at ultra-deepwater depths up to 7,021 feet (2,140 meters).

Key Points: 
  • McDermott plans to use five vessels for the installation work at ultra-deepwater depths up to 7,021 feet (2,140 meters).
  • The engineering work is expected to begin immediately, and the contract will be reflected in McDermott's second quarter 2019 backlog.
  • The first phase is part of a 15 well Sepia field development located in the pre-salt layer of the Santos Basin in Block BM-S-24.
  • Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.

McDermott Most Active Law Firm in Health Private Equity for Second Consecutive Year according to PitchBook

Retrieved on: 
Wednesday, February 27, 2019

This caps off an outstanding 2018, during which McDermott handled 66 health care private equity deals, outpacing its closest rivals by more than 40 percent.

Key Points: 
  • This caps off an outstanding 2018, during which McDermott handled 66 health care private equity deals, outpacing its closest rivals by more than 40 percent.
  • Eric Zimmerman , partner and Head of McDermott's Health Industry Advisory Group, credited the Firm's exceptional health industry platform and extensive private equity experiencewith this year's strong rankings.
  • In addition to the Firm's top spot in health care, PitchBook ranked McDermott highly on the following league tables:
    McDermott Will & Emery is the nation's leading health care law firm.
  • McDermott has held the top spot in PitchBook's League Tables as the most active firm for health care private equity since 2017.

McDermott & Bull Hires Korn Ferry Talent Acquisition & Operations Leader

Retrieved on: 
Wednesday, January 30, 2019

IRVINE, Calif., Jan. 30, 2019 /PRNewswire/ --Heather Cameron joins McDermott & Bull , a premier executive search firm and trusted advisor to leading corporations and private equity groups as Director of Talent Acquisition and Operations.

Key Points: 
  • IRVINE, Calif., Jan. 30, 2019 /PRNewswire/ --Heather Cameron joins McDermott & Bull , a premier executive search firm and trusted advisor to leading corporations and private equity groups as Director of Talent Acquisition and Operations.
  • She previously led senior management and executive level engagements for Korn Ferry across North America ranging from private, early stage, and pre-IPO companies to public Fortune 100 organizations.
  • Heather is the second key hire to join McDermott & Bull Canada who opened its first office north of the border, last September.
  • We have lofty goals for Heather and are confident that she is poised to make an immediate impact," says Rod McDermott , CEO of McDermott & Bull.

Solomon Page Changes the Recruitment Landscape for Fashion, Retail, and Beauty Markets

Retrieved on: 
Tuesday, January 29, 2019

Hughes & Co. has advised clients in their strategic growth initiatives through a unique and comprehensive approach to the search process.

Key Points: 
  • Hughes & Co. has advised clients in their strategic growth initiatives through a unique and comprehensive approach to the search process.
  • Hughes team will continue to be led by Elaine Hughes and will join the Fashion & Beauty Division of Solomon Page, led by Sue Lamoreaux and Patty Hoban Scott in the full-time and freelance fashion markets, respectively.
  • Simultaneously Solomon Page has increased its capabilities in the beauty segment, recently adding Lisa Berger to the team to spearhead the expansion.
  • A privately held $185+ million organization, Solomon Page has over 275 employees and ten office locations in the US.

McDermott Announces Date for Fourth Quarter and Full Year 2018 Financial Results and Conference Call

Retrieved on: 
Monday, January 28, 2019

HOUSTON, Jan. 28, 2019 /PRNewswire/ --McDermott International, Inc. (NYSE:MDR) will report financial results for the fourth quarter and full year of 2018 on Monday, February 25, 2019 before the opening of the New York Stock Exchange.

Key Points: 
  • HOUSTON, Jan. 28, 2019 /PRNewswire/ --McDermott International, Inc. (NYSE:MDR) will report financial results for the fourth quarter and full year of 2018 on Monday, February 25, 2019 before the opening of the New York Stock Exchange.
  • Shareholders and other interested parties are invited to listen to the call by visiting www.mcdermott-investors.com or by calling 1-706-634-2259 (Conference ID: 5780117).
  • A presentation of supplemental financial information will be available on McDermott's Investor Relations site at that time.
  • As used in this press release, McDermott includes McDermott International, Inc. and its subsidiaries and affiliates.