McDermott

McDermott wins technology contract in Russia for two ethylene crackers
The project is the largest ethylene integration project in the world
McDermott's Lummus Technology wins contract from Formosa Chemicals Industries in China
Commercialisation of this technology improves margins, lessens environmental footprint
McDermott appoints Chris Krummel as chief financial officer
One day after reporting a $1.9bn net loss in Q3-2019, McDermott International announced the resignation of Stuart Spence from the post of CFO
McDermott reports net loss of $1.9bn in Q3-2019, MENA region accounts for operating income of $69mn
Backlog remains strong at $20.1bn, and revenue opportunity pipeline remains robust at $89.1bn
McDermott inks MoU with Darwin Clean Fuels
McDermott to be exclusive contractor for condensate refinery upon final investment decision

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