Offshore staff
HOUSTON – McDermott International Inc. (NYSE: MDR) has sold the site of the former Harbor Island fabrication yard near Corpus Christi, Texas, which closed in 2003, for proceeds of $31.7 million.
“The sale represents progress made toward our goal of divesting underutilized non-core assets,” said David Dickson, president and CEO at McDermott. “The concentration of capital on assets that provide McDermott with a competitive advantage is an important part of our plan to deliver sustainable long-term returns.”
04/05/2014
