McDermott Awards EPC Contract for Storage Tanks

McDermott Awards EPC Contract for Storage Tanks

Daelim Saudi Arabia Company has awarded McDermott International an engineering, procurement and construction (EPC) for storage tanks in Saudi Arabia, Pipeline Oil and Gas Magazine Reported.

Under the contract, McDermott will be responsible for the engineering, procurement and fabrication of four Ammonia Tanks and nine CB&I storage tanks for the Ma’aden Ammonia Plant at Saudi Arabia’s Ras Al-Khair, the company said in a statement.

The contract’s value ranges between $1 million and $50 million.

Executions under the contract is expected to begin immediately and will be reflected in McDermott’s fourth quarter 2018 backlog.

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