AmericasContracts and Tenders

McDermott wraps up sale of CB&I to Mason Capital-led consortium

By LNG Prime Staff
McDermott wraps up sale of CB&I to Mason Capital-led consortium
For illustration only (Image: CB&I)

Houston-based McDermott has completed the previously announced sale of its CB&I storage business to a consortium of financial investors led by New York-based Mason Capital Management. The consortium of financial investors led by Mason Capital Management includes IES Holdings, Nut Tree Capital Management, 683 Capital Management, First Pacific Advisors, and other investors. Under the terms…

LNG Prime Annual Subscription Membership Required

You must be a LNG Prime Annual Subscription member to access this content.

Join Now

Already a member? Log in here

Most Popular

Vessels

BW confirms sale of steam LNG carrier

Singapore-based gas shipping giant BW confirmed that it has sold its 2005-built steam LNG carrier, LNG Oyo.
Vessels

Adnoc L&S orders more LNG carriers in China

UAE’s Adnoc L&S, a unit of state-owned energy giant Adnoc, has ordered two additional liquefied natural gas (LNG) carriers from China’s Jiangnan.
Contracts and Tenders

Santos: GLNG to buy Meridian CSG project

Australian LNG player Santos and its GLNG joint venture partners have entered into binding agreements to purchase 100 percent of the Greater Meridian CSG project in Queensland for approximately $310 million.

More News Like This

Contracts and Tenders

McDermott JV lands Rovuma LNG gig

Houston-based McDermott, through a consortium with Italy’s Saipem, South Korea's Daewoo Engineering & Construction, and China Petroleum Engineering and Construction Corporation, has been awarded a letter of intent including limited engineering and procurement services for the ExxonMobil-led Rovuma LNG project in Mozambique.
Contracts and Tenders

CB&I scores Commonwealth LNG tank gig

Texas-based CB&I has secured a contract from French engineering firm Technip Energies to build five liquefied natural gas storage tanks for Kimmeridge's $13 billion, 9.5 mtpa Commonwealth LNG export project near Cameron, Louisiana.
Contracts and Tenders

CB&I bags US LNG tank gig

Texas-based CB&I has secured a contract from We Energies to design and build a liquefied natural gas (LNG) storage tank for a peak shaving facility in Oak Creek, Wisconsin.
Contracts and Tenders

McDermott, MISC win Brunei contracts from Petronas

Houston-based McDermott and Malaysia's MISC have secured separate contracts from a unit of Petronas for a gas project offshore Brunei, which will send gas supplies to the Brunei LNG plant.