McDermott to Present at 38th Annual Oil Money Conference

HOUSTON, Oct. 12, 2017 (GLOBE NEWSWIRE) -- McDermott International, Inc. (NYSE:MDR) President and Chief Executive Officer David Dickson will participate in a panel entitled: “Solving the Project Management Puzzle” at the 38th annual Oil & Money conference in London on October 18 at 11:45 a.m. British Summer Time.

The panel discussion will focus on project management. McDermott will share successes with its One McDermott Way approach, which drives consistency in the Company’s systems, processes, execution and culture across the globe. McDermott will also share insight into its vertical integration across its engineering, procurement, construction and installation services and the benefits McDermott brings to pre-FEED and FEED phases of field development and its impact on successful project management. 

In addition, McDermott’s Vice President of Engineering Vaseem Khan will present on “Diving into the Digital Asset: Moving from Theoretical to Practical” during a McDermott-sponsored breakfast on October 17 at 8 a.m. BST. McDermott is developing digital technologies that will use data to help manage operational actions to help reduce operating and maintenance costs for upstream oil & gas operators. The technology is now moving from the theoretical to the practical and will offer a full suite of services expected to help make operations smarter and more efficient from concept through decommissioning. 

The 38th annual Oil & Money conference is held October 17-19 and includes more than 500 senior executives, policy makers, financiers, strategists and experts from the international oil and gas industry. Co-hosted by The New York Times and Energy Intelligence, this event focuses on frank discussion and stimulating debate on the key issues facing the global petroleum sector.

About the Company

McDermott is a leading provider of integrated engineering, procurement, construction and installation (EPCI) services for upstream field developments worldwide. The Company delivers fixed and floating production facilities, pipelines and subsea systems from concept to commissioning for complex offshore and subsea oil and gas projects to help oil companies safely produce and transport hydrocarbons. Our customers include national and major energy companies. Operating in approximately 20 countries across the world, our locally focused and globally integrated resources include approximately 12,400 employees, a diversified fleet of specialty marine construction vessels, fabrication facilities and engineering offices. We are renowned for our extensive knowledge and experience, technological advancements, performance records, superior safety and commitment to deliver. McDermott has served the energy industry since 1923. As used in this press release, McDermott includes McDermott International, Inc. and its subsidiaries and affiliates. To learn more, please visit our website at www.mcdermott.com.

McDermott International, Inc.

Investor Relations
Ty Lawrence
Vice President, Treasurer and Investor Relations
+1 281.870.5147
tplawrence@mcdermott.com

Media Relations
Adam Morgan
Director, Global Communications
+1 281.253.9005
amorgan@mcdermott.com

Read source: http://globenewswire.com/news-release/2017/10/12/1144901/0/en/McDermott-to-Present-at-38th-Annual-Oil-Money-Conference.html?f=22&fvtc=5&fvtv=32646628

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