Huge Contract for McDermott -- Top Rigzone Story -- Absolutely Nothing To Do With The Bakken

Link here.

I've followed McDermott for a very long time; it's fun to read a story like this.

McDermott International has received a momentous contract, worth about $2 billion, from Inpex for the Ichthys gas/condensate field offshore Australia. The surf contract is the largest subsea contract the company has received to-date.

The Ichthys surf project includes engineering, procurement, construction, installation and pre-commissioning of production flowline systems, a MEG injection system, plus start-up condensate transfer and fuel gas transfer flowline systems, control systems, as well as other associated SURF elements in water depths of up to 902 feet (275 meters).

I can't recall the last time I heard/read the word "momentous" when reporting a contract.