Skip to main content

Natural gas news

 

Consortium led by Mason Capital Management to acquire CB&I from McDermott

A consortium led by Mason Capital Management LLC, in partnership with IES Holdings, Inc., Nut Tree Capital Management, LP, 683 Capital Management, LLC, First Pacific Advisors, and other investors, has entered into a definitive agreement to acquire the CB&I storage solutions business from McDermott International, Ltd.

 
 
 
 
 

McDermott awarded FEED contract in Mozambique

McDermott, through a consortium with Saipem and China Petroleum Engineering and Construction Corp., has been awarded a FEED contract for the Rovuma LNG Phase 1 project in Mozambique.