Shell Global Solutions International B.V. has selected McDermott for a significant agreement. The agreement is an Enterprise Framework Agreement (EFA). McDermott will provide engineering and procurement services. Integrated project management team services (IPMT) are also included.

The EFA has a three-year duration. It also includes two optional one-year extensions. The agreement covers McDermott's full range of services. These span its Low Carbon Solutions business line. The Offshore Middle East business line is also included. Subsea and Floating Facilities are part of the scope.

McDermott will use its global engineering centers. Its expertise will also support Shell. The support involves developing world-class solutions. These solutions include feasibility and front-end engineering.

Maurizio Coratella is McDermott's Executive Vice President, Chief Operating Officer. He commented on the agreement. "Our global execution model makes us the ideal partner," Coratella said. This partnership will support Shell. It will aid in the execution of their upcoming project portfolio.

"By combining our low-carbon engineering," he continued. Procurement, construction, and installation delivery are also key. Strategic partnerships are important. Technology innovation plays a role. Fabrication and offshore installation capacity are crucial. "We have the agility to progress our joint journey to net zero. We will also maintain the highest standards of safety."

McDermott and Shell have a long-standing relationship. McDermott is currently executing a large portfolio of projects for Shell. These are deepwater projects. The locations include the US Gulf of Mexico. Trinidad and Tobago are also involved. Western Australia and Malaysia are part of the portfolio.

This EFA signifies a strengthening of the partnership. It positions McDermott as a key service provider for Shell's future projects. The agreement's broad scope allows McDermott to leverage its diverse capabilities. This will support Shell's objectives across various sectors. The focus on low carbon solutions aligns with industry trends. Both companies show a commitment to sustainability. The potential for two one-year extensions indicates Shell's confidence in McDermott's ability. The successful execution of current deepwater projects likely contributed to this new agreement. McDermott's global presence and technical expertise were likely key factors in Shell's selection process. This EFA represents a significant win for McDermott. It provides a stable framework for future collaborations with a major energy player.

McDermott is a leading, fully integrated company. It provides engineering and construction solutions for the energy industry. Customers rely on McDermott's technology-driven methods. These methods responsibly develop and transform global energy resources. McDermott's expertise spans from initial concept to final commissioning. Its innovative capabilities advance global energy infrastructure. McDermott operates in over 54 countries. Its resources include over 30,000 employees, specialized marine vessels, and global fabrication facilities.