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    J Ray McDermott wins work in the Caspian

    News // October 25, 2002
    McDermott Caspian Contractors (MCCI), the Caspian operating subsidiary of J Ray McDermott, SA (J Ray), a subsidiary of McDermott International, has announced that it has signed contracts with the Azerbaijan International Operating Company (AIOC) in Bakufor the fabrication of integrated topside decks for Phase 2 of the development of the Azeri, Chirag and deepwater portion of the Gunashli (ACG) field in the Azerbaijan sector of the Caspian Sea and the installation of a 28in gas trunkline from the Azerifield to the Sangachal Terminal.

    The total value of the two contracts is approximately $390 million and will take approximately 41 months to complete. This follows the first contract award that MCCI received in November 2001 with a contract value of approximately $320 million.

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