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Offshore North America United States

McDermott takes stakes in subsea ships

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US SHIPPING group J Ray McDermott has acquired stakes in two subsea construction vessels — one already operating and another under construction, from Oslo-listed Oceanteam — to enter the deepwater pipelaying market, writes MartynWingrove .

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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