Houston-Based McDermott Secures Up To $1 Billion Offshore Contract from ADNOC
Date Published
Houston-based McDermott has secured a major offshore engineering, procurement, construction, and installation (EPCI) contract from Abu Dhabi National Oil Company (ADNOC). The deal, valued between $500 million and $1 billion, strengthens the company’s growing portfolio of large-scale offshore energy projects and underscores the role of Houston’s engineering sector in supporting global energy development.
The contract covers a new stage of ADNOC’s offshore program in the United Arab Emirates, involving subsea infrastructure, pipelines, and associated offshore work. McDermott will mobilize teams across its international network, with engineering leadership sourced from its headquarters in Houston. The company is expected to leverage its extensive fabrication facilities and deepwater installation capabilities.
Why the Offshore Contract Matters
The award reinforces McDermott’s position as a global leader in complex offshore engineering. For Houston, it highlights the city’s ongoing influence in shaping global energy projects. Local economic analysts note that contracts of this scale often support engineering, project management, and technical staffing activity in the region.
The deal also reflects sustained international investment in offshore energy infrastructure despite rapid shifts in global demand patterns. ADNOC has continued expanding its upstream operations, and McDermott’s selection signals confidence in the firm’s ability to deliver high‑value, technically demanding offshore installations.
What’s Next
Project work is expected to begin after final planning and mobilization phases, with activity ramping up through McDermott’s global project offices. The company has not released a detailed timeline, though similar ADNOC projects typically span several years from engineering to installation.
Analysts say the contract may contribute to workforce stability and project-related hiring in Houston, particularly in offshore engineering and subsea systems roles. With energy activity rebounding in key international markets, McDermott’s win further positions the company and its Houston operations for continued growth through the remainder of the decade.
This article is a summary of reporting by Splash247. Read the full story here.