McDermott Slashes Full-Year Capital Spending Plans as Ichthys, Other EPC Projects Face Delays, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwired) -- 08/12/15 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Solid revenues from major projects in Australia and the Middle East spurred profits for McDermott International Incorporated (NYSE:MDR) (Houston, Texas) in second-quarter 2015. But the company lowered its estimates for full-year revenues and capital spending, cutting the latter more than 50%. Industrial Info is tracking $3.9 billion in active projects involving McDermott.
Within this article: Details on McDermott''s quarter and projects, including the Ichthys Field development and the construction of offshore platforms in the Persian Gulf.
Other companies featured: Saudi Aramco, Royal Dutch Shell plc (NYSE:RDS.A)
For details, , or browse other breaking industrial news stories at .
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info''s quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what''s happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the "" page.
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Datum: 12.08.2015 - 04:00 Uhr
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News-ID 1378474
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