MCDERMOTT INTERNATIONAL (MCDIF) Stock Overview

McDermott International Ltd. provides engineering and construction solutions to the energy industry worldwide. It offers integrated engineering, procurement, construction, and installation services for offshore field developments, including fixed, floating and subsea production facilities, pipelines, and storage systems. The company is also involved in the development, design, fabrication, construction, commissioning, and operation of liquefied natural gas facilities; and designing and building of downstream oil and gas processing facilities, storage facilities, tanks, and terminals. In addition, it provides sustainable solutions that support the energy transition, including sustainable engineering to design and build lower carbon facilities; hydrogen, liquefaction, and storage; carbon capture, storage, and utilization; and offshore wind. The company was incorporated in 2020 and is based in Houston, Texas.