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McDermott to provide services for Petrobras in Brazil

Houston-based McDermott International, Inc. announced that its subsea construction vessel "Agile" has been contracted by Petrobras to install subsea flexible pipelines and umbilicals in up to 2,000 meters of water offshore Brazil. The company will also provide subsea installation engineering for the duration of the contract, which is for a five year term.

Work is expected to begin at the end of the second quarter of 2011, with McDermott's dedicated subsea engineering team mobilizing to Macae in Brazil in the coming months for the duration of the project.



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