(EnergyAsia, June 23, Monday) — NYSE-listed engineering firm McDermott International Inc said a subsidiary has entered into a joint venture with a subsidiary of state-owned China Shipbuilding Industry Corporation (CSIC). A J. Ray McDermott SA unit has formed a joint venture company, Qingdao McDermott Wuchuan Offshore Engineering Company Ltd (McDermott Wuchuan), to establish a new…
ACCHINA: J. Ray McDermott signs joint venture agreement to establish new fabrication facility
Posted on June 22, 2008 by EnergyAsia