McDermott moves to solidify its position in a changing marketplace

Bowser, Andrew
September 1994
New Orleans CityBusiness (1994 to 2008);9/12/94, Vol. 15 Issue 10, p11
Reports on McDermott International Inc.'s plan to strengthen its position in subsea construction. Plan to merge with Stolt Comex Seaway S.A.; Plan to combine McDermott's marine construction business with Offshore Pipelines Inc.; Downsizing of the company's marine construction fleet; Impact of the OPI merger on McDermott's stock prices; Expected revenue of the new Stolt Comex.


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