Mcdermott International

Construction & Real Estate

McDermott eyes $1.5bn Adnoc offshore EPC contracts

Mon, 12 Jan 2026

McDermott International is set to secure multiple offshore engineering, procurement and construction (EPC) contracts from Abu Dhabi National Oil Company (Adnoc), with a combined value estimated at up to $1.5 billion. These awards are linked to ADNOC’s ongoing offshore oil and gas expansion programme and reinforce McDermott’s strong positioning in the Middle East offshore EPC market.