Under a newly signed three-year agreement, with options for two one-year extensions, McDermott will provide a full suite of services across Shell’s low-carbon solutions, offshore Middle East, and subsea and floating facilities business lines.
The U.S.-based engineering and construction firm will leverage its global engineering centers to support Shell in developing and executing world-class feasibility and front-end engineering solutions.
Maurizio Coratella, McDermott’s Executive Vice President and Chief Operating Officer, emphasized that the company’s global execution model makes it an ideal partner for Shell’s upcoming projects.
“By integrating our low-carbon engineering, procurement, construction, and installation expertise with strategic partnerships, technology innovation, fabrication, and offshore installation capacity, we have the agility to advance our joint journey to net zero while maintaining the highest standards of safety,” said Coratella.
McDermott is currently managing a significant portfolio of deepwater projects for Shell in the U.S. Gulf of Mexico, Trinidad and Tobago, Western Australia, and Malaysia. Among these projects is the Whale deepwater development in the Gulf of Mexico’s Perdido Corridor, where McDermott recently completed engineering, procurement, construction, installation, and commissioning (EPCIC) activities.
Additionally, Shell’s Brazilian subsidiary recently reached a final investment decision (FID) for the Gato do Mato deepwater development project in the pre-salt area of Brazil’s Santos Basin. Following the FID, MODEC secured an operations and maintenance contract for a floating production, storage, and offloading (FPSO) vessel that will support the project, with first gas expected in 2029.