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Puma Awards EPC Contract to McDermott

January 9, 2019

(File photo courtesy McDermott International)

McDermott International, Inc. announced Wednesday it has been awarded a tank contract by Puma Energy (Australia) Fuels Pty Ltd for the engineering, procurement and construction (EPC) of 11 fuel tanks for an import terminal in Kwinana, Western Australia.

McDermott did not specify the exact value of the work, but said the contract is worth between US$1 million and US$50 million.

Onsite work is scheduled to commence in the first quarter of 2019 with completion scheduled for the third quarter of 2020, McDermott said.

Ian Prescott, McDermott’s Senior Vice President for Asia Pacific, said, “The storage business in the region is strong and will continue to grow as we win new awards like this and help our customers develop the region’s energy infrastructure.”

McDermott said the contract will be reflected in its fourth quarter 2018 backlog.

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