Engineering company McDermott signed a memorandum of understanding with Nakilat-Keppel Offshore Marine (N-KOM) to pursue offshore engineering, procurement, construction and installation (EPCI) projects within Qatari waters.
Under the five-year agreement, McDermott and N-KOM, the joint venture shipyard between Qatar’s Nakilat and Keppel Offshore & Marine, will develop an integrated approach to projects in Qatar, the statement issued on Tuesday reads.
McDermott will serve as the prime contractor to customers and lead engineering with its teams based in Dubai as well as its Global Engineering Center in Chennai, India, and also lead procurement and installation with vessels mobilized from its global marine fleet.
N-KOM will serve as the subcontractor and perform fabrication from its Qatar facility, according to the statement.
Linh Austin, McDermott’s vice president, Middle East said the agreement increases the company’s level of capacity and availability enabling it to address the continued growth for the entire Middle East market.