McDermott, a leading engineering and construction company, and Baker Hughes, an energy technology company, have announced the successful completion of the installation of subsea infrastructure at the Ichthys field in northern Australia. This project, awarded to the McDermott and Baker Hughes consortium in 2019 by INPEX Operations Australia P/L, involved the engineering, procurement, construction, and installation (EPCI) of umbilicals, risers, and flowlines (URF), as well as the development of a subsea production system and subsea well gathering system (GS4) tied back to the existing Ichthys Explorer central processing facility.

Mahesh Swaminathan, McDermott’s Senior Vice President, Subsea and Floating Facilities, expressed his appreciation for the partnership between McDermott and Baker Hughes, highlighting their resilience and adaptability throughout the project. He credited the success to McDermott’s end-to-end EPCI capabilities and Baker Hughes’ subsea development solutions, as well as the dedication and collaboration of their teams in Perth, Batam, and beyond.

Romain Chambault, Baker Hughes’ Senior Vice President, Subsea Projects and Services, emphasized the exceptional level of collaboration between the consortium members and praised it as an industry benchmark for the execution of large, complex EPCI subsea projects. He also highlighted the expansion of Baker Hughes’ global capability in the Asia Pacific region, particularly the manufacturing of the highly complex 7-inch vertical Christmas tree (VXT) at their facility in Batam.

Overall, the successful completion of the subsea infrastructure installation at the Ichthys field showcases the expertise and teamwork of McDermott and Baker Hughes, as well as their commitment to delivering for INPEX and supporting the energy industry in Australia.

For more information visit www.mcdermott-investors.com

29th January 2024