McDermott S.E. Asia Subsidiaries Receive $ 6 0 M i l l i o n In Contracts

J . Ray McDermott & Co., Inc.'s s u b s i d i a r i e s in Southeast Asia have recently been awarded contracts with values totaling more than $60 million.

The following are the major projects which make up approximately $50 million of this total.

Union Oil Company of Thailand, a wholly owned subsidiary of Union Oil of California, awarded McDermott International, Inc.

—formerly Oceanic Contractors, Inc.—a contract for offshore platform work in Thailand's Erawan Field. The work involves fabrication, transport and hook-up of a central production platform deck, four production decks, a living quarters deck, two personnel bridges and a flare bridge. Completion of the project is scheduled for the second quarter of 1981.

A t l a n t i c Richfield Indonesia, Inc., has awarded P.T. McDermott Indonesia, Inc., a series of contracts in the continuing development of the Ardjuna Field facilities.

Contracts call for the fabrication and installation of 10 tripod jackets, one four-pile jacket and five production decks. Also included are the laying of approximately 82,000 feet of flow lines and the modification of existing production facilities. Completion of these projects is scheduled for August of this year.

Singapore International Airlines awarded McDermott South East Asia (Pte.) Ltd. a subcontract to build and erect a column-free hangar roof at the new Changi International Airport in Singapore.

When completed in the third quarter of 1981, the hangar will have enough room to service three Boeing 747s and two narrow- bodied a i r c r a f t simultaneously.

P.T. McDermott Indonesia received a contract from IIAPCO, a division of Natomas Interna- tional Corporation, to fabricate and install two drilling/production platforms and lay 80,000 feet of 16-inch insulated marine pipeline in the Krisna Field in the Java Sea. The project is scheduled to be completed by the end of this year.

Fabrication work for these contracts will be done at McDermott's fabrication facilities at Batam Island, Indonesia.

The remaining contracts, which amount to approximately $10 million, include the fabrication of an eight-pile platform for offshore Brunei, the fabrication and installation of two offshore drilling platforms in the Sumatran area of Indonesia, and the fabrication and installation of geothermal facilities in the Philippines. Also, P.T. McDermott Indonesia is constructing a barge wharf and dredging a harbor in East Kalimantan, Indonesia, and fabricating a barge for use in that area.

McDermott is a leading international energy services company.

The company and its subsidiaries provide engineering and construction services to the offshore oil and gas industry and manufacture steam generating equipment, tubular products, refractories, and automated machine tools.

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