McDermott wins UAE offshore EPCI deal worth up to $1 billion

ABU DHABI, January 22, 2026 – McDermott has secured an offshore EPCI contract in the UAE from ADNOC with a value of up to USD 1 billion, the US company said on Monday.

The company defines a major contract as valued between USD 750 million and USD 1 billion.

 

The deal covers services for the Nasr-115 Expansion Project, part of the wider Nasr Phase II Full Field Development aimed at boosting oil output to 115,000 bopd by 2027. The scope includes two topsides, a manifold tower, a jacket, a bridge and related subsea infrastructure.

“McDermott shares ADNOC’s commitment to increase offshore production capacity,” McDermott senior vice-president for offshore Middle East Mike Sutherland said. “We will do our part with safe, efficient delivery of the Nasr-115 Expansion Project to the highest quality standards.”

McDermott is a global engineering and construction company offering integrated solutions for the energy sector. Operating in over 30 countries, its services range from conceptual design to commissioning, supported by a fleet of marine vessels and fabrication yards. The company has a strong presence in the Middle East and focuses on offshore infrastructure and sustainable energy development.

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