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McDermott, Saudi Aramco break ground on SAFIRA fabrication yard
The facility is located within the King Salman International Complex for Maritime Industries and
US's McDermott granted access to $350m in additional financing
Firm will receive $250m (AED918.3m) term loan facility and a $100m (AED367.3m) letter of credit
The Middle East's top construction contracts of October 2019
US's McDermott, Larsen & Toubro, UK's Foster + Partners, and Oman’s Galfar Engineering & Contracting
McDermott appoints Chris Krummel as chief financial officer
With over 25 years’ experience, Krummel will replace Stuart Spence at the business with immediate
McDermott inks MoU with Darwin Clean Fuels for condensate refinery
As part of the initial contract, the firm stated that it will undertake the feasibility
McDermott wins Amiral Complex contract from Saudi Aramco, Total
American contractor referred to the contract as "large", with the firm valuing a large contract
US's McDermott inks agreement for $1.7bn in additional financing
Contracting firm to receive immediate access to $550m under a term loan and $100m under
McDermott hits 60 million LTI-free hours at Oman Oil-Orpic's LPIC
American engineering firm's work on the $6.7-billion Liwa Plastic Industries Complex is due to be

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Construction Week - Issue 761
Mar 21, 2020