McDermott

McDermott Awarded Transportation and Installation Contract by ONGC

Retrieved on: 
Tuesday, November 7, 2023
Senior, ONGC, Oil, USD, SPS, Transport, Oil and Natural Gas Corporation, Water, CPP, McDermott, Engineering, SURF, Tunnel

HOUSTON, Nov. 7, 2023 /PRNewswire/ -- McDermott has been awarded a large* transportation and installation contract by the Oil and Natural Gas Corporation (ONGC) for the KG-DWN-98/2 development project, located off the east coast of India.

Key Points: 
  • HOUSTON, Nov. 7, 2023 /PRNewswire/ -- McDermott has been awarded a large* transportation and installation contract by the Oil and Natural Gas Corporation (ONGC) for the KG-DWN-98/2 development project, located off the east coast of India.
  • Under the scope of the contract, McDermott will perform the transportation and installation of a central processing platform (CPP) and living quarters.
  • Once installed, the CPP will be used to process wet gas which will then be transferred from the platform to an onshore terminal.
  • *McDermott defines a large contract as between USD $50 million and USD $250 million.

T. Joe Danelson, Executive Vice President/Chief Credit Officer, Retiring March 31, 2024

Retrieved on: 
Monday, October 30, 2023
Small Business, Banking, Professional Services, Finance, Credit, Adventure, First Northern Bank, Bank, Executive, McDermott, Management, Financial services

Jeremiah Z. Smith, President & Chief Executive Officer of First Northern Bank, today announced that T. “Joe” Danelson, 65, is retiring as Executive Vice President/Chief Credit Officer effective March 31, 2024.

Key Points: 
  • Jeremiah Z. Smith, President & Chief Executive Officer of First Northern Bank, today announced that T. “Joe” Danelson, 65, is retiring as Executive Vice President/Chief Credit Officer effective March 31, 2024.
  • Joe has had a distinguished 42-year banking career working for both large and small banks.
  • In the 10 years Joe has been with the Bank, he has transformed the credit culture to help First Northern reach even new heights.
  • We wish Joe nothing but the best in the future and thank him for his service to the Bank.

McDermott, PTSC Consortium Receives Limited Letter of Award for Block B Gas Development Project Offshore Vietnam

Retrieved on: 
Tuesday, October 31, 2023
Senior, HUC, Block, EPCI, McDermott, Engineering, Letter, Construction

HOUSTON, Oct. 31, 2023 /PRNewswire/ -- A consortium comprised of McDermott and Petrovietnam Technical Services Corporation (PTSC) has received a limited letter of award from Phu Quoc Petroleum Operating Company for engineering, procurement, construction, installation (EPCI), and hook-up and commissioning (HUC) services.

Key Points: 
  • HOUSTON, Oct. 31, 2023 /PRNewswire/ -- A consortium comprised of McDermott and Petrovietnam Technical Services Corporation (PTSC) has received a limited letter of award from Phu Quoc Petroleum Operating Company for engineering, procurement, construction, installation (EPCI), and hook-up and commissioning (HUC) services.
  • Under the full project scope, the consortium will provide EPCI and HUC services for a central production platform, living quarters platform, flare tower, and bridges for the Block B gas development project off the southwest coast of Vietnam.
  • "Together, we will initiate this important groundwork as we finalize the full project scope and ultimately deliver another world-class project for Vietnam."
  • The full project contract is expected to be executed between the parties in early 2024 with an award value of more than $1 billion.

McDermott, AVEVA and Aras Sign Lighthouse Agreement To Enhance Digital Efficiency

Retrieved on: 
Monday, October 30, 2023
Digital, Aras, Global Operations, McDermott, Engineering, Senior, Risk, EPC, Information system, ALM, PLM, AVEVA, Information management, Risk management

The goal is to reduce costs and risk over the project lifecycle, improve decision-making, achieve better compliance and traceability, and enhance performance across the industrial ecosystem.

Key Points: 
  • The goal is to reduce costs and risk over the project lifecycle, improve decision-making, achieve better compliance and traceability, and enhance performance across the industrial ecosystem.
  • The seamless integration of Aras Innovator with AVEVA Unified Engineering , AVEVA Asset Information Management and other AVEVA tools and services will enable the creation of an engineering system of record.
  • A trusted single source of truth will allow customers to improve engineering efficiency, data control and distribution, and traceability across the entire asset lifecycle.
  • "The agreement represents our shared vision and commitment to data-centric digital deliverables management and creates an opportunity for robust digital transformation of industry processes.

CPSI Acquires Viewgol and Accelerates Global Workforce Presence

Retrieved on: 
Monday, October 16, 2023
Technology, Hospitals, Software, Practice Management, Other Health, Physical Therapy, Managed Care, Health, Data Management, Adjustment, Workforce, RCM, Acquisition, Meredith, GAAP, McDermott, Manning

CPSI (NASDAQ: CPSI), a community healthcare solutions company, today announced it has closed its acquisition of Viewgol, a provider of ambulatory revenue cycle management (“RCM”) analytics and complementary outsourcing services.

Key Points: 
  • CPSI (NASDAQ: CPSI), a community healthcare solutions company, today announced it has closed its acquisition of Viewgol, a provider of ambulatory revenue cycle management (“RCM”) analytics and complementary outsourcing services.
  • “Our acquisition of Viewgol rapidly accelerates our offshoring initiatives with more than 80% of its workforce based offshore today,” said Chris Fowler, chief executive officer of CPSI.
  • “The scalability of this direct offshore presence marks a critical step towards our priority: ensuring our RCM offerings remain affordable, profitable, and scalable by leveraging the global marketplace.
  • Today, Viewgol provides RCM services and analytics software solutions to 38 customers in 15 states, representing over 20 different specialty practices.

Honigman Announces Christian Fabian as New Partner in Corporate Department

Retrieved on: 
Tuesday, October 10, 2023
Food, Partnership, McDermott Will & Emery, Honigman LLP, Law review, University, McDermott, Bachelor of Engineering, The National Law Review, Health, Mayer Brown, Thomson Reuters, Lawyer, University of Detroit Mercy School of Law, Stand, Management, Engineering, Oakland University, Science

CHICAGO, Oct. 10, 2023 /PRNewswire/ -- Honigman LLP announced today that it is bolstering its Corporate Department with the addition of Christian Fabian who joins as a partner in the firm's Chicago office. He previously worked at McDermott, Will & Emery as a corporate M&A partner and, before that, spent 16 years in the corporate practice at Mayer Brown.

Key Points: 
  • CHICAGO, Oct. 10, 2023 /PRNewswire/ -- Honigman LLP announced today that it is bolstering its Corporate Department with the addition of Christian Fabian who joins as a partner in the firm's Chicago office.
  • He previously worked at McDermott, Will & Emery as a corporate M&A partner and, before that, spent 16 years in the corporate practice at Mayer Brown.
  • "As Honigman grows its cross-border M&A and corporate practice in Chicago, nationally and abroad, we require more and more best-in-class attorneys with a depth and breadth of deal-making knowledge and experience," said Don Kunz, Chair of Honigman's Corporate Department.
  • Earlier this year, Fabian was named a Stand-out lawyer by Thomson Reuters and was ranked as a top lawyer in Corporate Law by The Best Lawyers in America.

PURPLE APPOINTS TRICIA MCDERMOTT AS CHIEF LEGAL OFFICER

Retrieved on: 
Wednesday, September 27, 2023
PRPL, Sleep, The ODP Corporation, Joseph F. DeMartini, Rutgers University, Bachelor of Arts in Organizational Psychology, Shoe Show, McDermott, McGarvey, Corporation, Perry Ellis International, Growth, Spectrum Brands, Grid, Management, LEHI, Purple

LEHI, Utah, Sept. 27, 2023 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), the world leader in sleep innovation and inventor of GelFlex® Grid Technology, today announced the appointment of Tricia McDermott as its Chief Legal Officer, effective October 23, 2023.

Key Points: 
  • LEHI, Utah, Sept. 27, 2023 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), the world leader in sleep innovation and inventor of GelFlex® Grid Technology, today announced the appointment of Tricia McDermott as its Chief Legal Officer, effective October 23, 2023.
  • McDermott replaces Casey McGarvey who has served as Chief Legal Officer since the company was founded.
  • McDermott will report to Rob DeMartini and oversee all aspects of Purple's legal operations, an integral part of Purple's future growth and long-range plans.
  • Most recently, McDermott has led the legal team at Shoe Show, Inc. as its Chief Legal and Risk Officer and Corporate Secretary playing a critical role in providing strategic counsel and driving excellence in compliance.

iCoreConnect, Inc. Announces New Endorsement Partnership With the Rhode Island Dental Association Continuing Its Expansion Into New States

Retrieved on: 
Tuesday, September 19, 2023
Cloud, Marketing, Washington State Association for Justice, ICD-10, Dentist, McDermott, Patient, PHI, News, Dental, ICCT, Medical device

iCoreExchange , with its recent version upgrade, allows practices to share Protected Health Information (PHI) quickly and easily with their referral partners.

Key Points: 
  • iCoreExchange , with its recent version upgrade, allows practices to share Protected Health Information (PHI) quickly and easily with their referral partners.
  • iCoreCodeGenius ensures that dentists who bill a patient’s health insurance plan have the diagnostic code (ICD-10) specificity necessary to get their claims paid.
  • “We are thrilled to welcome the RIDA to our expanding State Association family,” said Robert McDermott, President & CEO of iCoreConnect.
  • Their Marketing and Brand Innovation team collaborates with the Association to deliver content through print, email campaigns, journals, newsletters, and more.

Rothschild & Co hires Andrew Yearley as Global Co-Head of Restructuring

Retrieved on: 
Thursday, September 21, 2023
Professional Services, Finance, Columbia University, Duke University, Fannie Mae, Alex Brown, Ernst & Young, MBA, Chase Bank, Rothschild & Co, McDermott, Linn Energy, Lazard, GM, Toshiba, Security (finance), American Airlines

Rothschild & Co announced today that Andrew Yearley will join the firm’s Restructuring practice as Managing Director, Global Co-Head of Restructuring, effective October 16, 2023.

Key Points: 
  • Rothschild & Co announced today that Andrew Yearley will join the firm’s Restructuring practice as Managing Director, Global Co-Head of Restructuring, effective October 16, 2023.
  • Prior to this, Mr. Yearley held several senior roles in restructuring at Alex Brown and Ernst & Young.
  • Mr. Yearley is also Chairman of the Board of the Greyston Foundation and an adjunct professor at Duke University.
  • Robert Leitão, Managing Partner of Rothschild & Co, said: “We are delighted to welcome Andrew to the firm.

McDermott Awarded Transportation and Installation Contract by PRIO

Retrieved on: 
Thursday, September 21, 2023
McDermott, Transport, Wahoo, Senior, PRIO, Engineering, Natural gas

HOUSTON, Sept. 21, 2023 /PRNewswire/ -- McDermott has been awarded a transportation and installation contract by PRIO (former PetroRio) for the Wahoo field, offshore Brazil.

Key Points: 
  • HOUSTON, Sept. 21, 2023 /PRNewswire/ -- McDermott has been awarded a transportation and installation contract by PRIO (former PetroRio) for the Wahoo field, offshore Brazil.
  • Under the scope of the contract, McDermott will perform the transportation and installation of approximately 19 miles (30 kilometers) of coated 10-inch rigid pipelines and associated subsea structures.
  • Once installed, the pipelines will connect the Wahoo field to the Frade floating production storage and offloading unit.
  • "This award is a reflection of our offshore installation expertise in the region," said Mahesh Swaminathan, McDermott's Senior Vice President, Subsea and Floating Facilities.