McDermott And Dominion Bridge To Form Joint Venture In Canada

J. Ray McDermott & Co., Inc.

of New Orleans and the Dominion Bridge Company, Limited of Montreal have announced their intention to develop a Canadian-headquartered joint enterprise that will carry out research, engineering, fabrication, and construction work for the offshore oil and gas industry in Canada.

Dominion Bridge is a diversified international company engaged in manufacturing, engineering, and construction activities on a worldwide basis. It also produces, fabricates, distributes, and erects steel throughout Canada.

McDermott, an international marine construction contractor and energy services company, is a world leader in the construction of offshore production platforms and installation of marine pipelines.

The New Orleans firm will provide research, engineering, and offshore construction capabilities, equipment, and facilities for the enterprise. Dominion Bridge will provide onshore support, fabrication capabilities, and facilities.

The partners will work closely to develop new business opportunities in the Canadian offshore industry. The new joint enterprise will provide a full-line service including the design and building of offshore drilling and production platforms, the laying of subsea pipelines, and a variety of ancillary services to the offshore oil and gas industry in Canadian waters.

The enterprise is subject to approval by appropriate Canadian governmental agencies as may be required.

Maritime Reporter Magazine, page 26, Jun 15, 1980

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Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.