McDermott International Inc. was granted a front-end engineering design, or FEED, contract by Posco International Corp. for the Shwe Phase 3 gas field development offshore Myanmar.
The contract's scope includes FEED services for a new compression platform, a bridge link and modifications to an existing platform, according to Sept. 24 release. Work will start in the third quarter and is slated for completion in the second quarter of 2020.
While no exact value was disclosed, McDermott defines a sizable contract to be worth between $1 million and $50 million. The award will be reflected in the company's third quarter backlog.
