| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| WM William Mueller Mink Brook Asset Management LLC | 46,530 | $1.21M | $279,180 | -$930,600 | -76.92% |
| Construction & Engineering Industry | Industrials Sector | Michael E. McKelvy CEO | OTC PINK Exchange | G5924V148 CUSIP |
| US Country | 30,000 Employees | - Last Dividend | - Last Split | - IPO Date |
McDermott International Ltd. stands as a pivotal provider of engineering and construction solutions to the global energy sector. The company's comprehensive services are tailored to meet the extensive needs of offshore field developments, including various production facilities, pipelines, and storage systems. Incorporated in 2020 and headquartered in Houston, Texas, the organization plays a crucial role in facilitating the energy industry's expansion and transition towards more sustainable practices. With a focus on integrating state-of-the-art engineering, procurement, construction, and installation services, McDermott International Ltd. aims to deliver projects that excel in efficiency, innovation, and sustainability.
Offshore Field Developments: McDermott International Ltd. excels in providing integrated services for offshore field developments. This includes engineering and construction of fixed, floating, and subsea production facilities that are essential for the exploration and extraction of oil and gas from underwater reserves.
Pipelines and Storage Systems: The company designs and builds infrastructure necessary for the transport and storage of energy resources, including pipelines and comprehensive storage systems. This ensures the secure and efficient delivery of oil and gas products from source to market.
Liquefied Natural Gas (LNG) Facilities: Engaging in the development, design, fabrication, construction, commissioning, and operation of LNG facilities, McDermott International Ltd. supports the energy sector in leveraging liquefied natural gas, a cleaner energy source that plays a significant role in the global energy transition.
Downstream Processing Facilities: The firm boasts expertise in designing and constructing downstream oil and gas processing facilities, storage facilities, tanks, and terminals. These operations refine, market, and distribute petroleum products, ensuring they meet market demands efficiently.
Sustainable Solutions: With a commitment to supporting the energy transition, McDermott International Ltd. offers sustainable solutions aimed at reducing the carbon footprint of energy projects. This encompasses sustainable engineering practices for lower carbon facilities, hydrogen production, liquefaction, storage, as well as carbon capture, storage, and utilization technologies. Moreover, the company is actively involved in the development of offshore wind projects, marking a significant contribution to the adoption of renewable energy sources.