Top-tier oilfield services companies are preparing to submit offers for front-end engineering and design linked to the large third-phase development of the Shwe gas project off Myanmar. Phase three of ...

McDermott International has landed a front-end engineering and design contract from Posco International for the South Korean player's third phase of development at the Shwe gas project off Myanmar.

HOUSTON--(BUSINESS WIRE)--McDermott International, Inc. (NYSE: MDR) and Baker Hughes, a GE company (NYSE: BHGE), today announced the award of a contract by POSCO DAEWOO Corp. for phase two of the Shwe ...

KYAUK PHYU, Myanmar ― A 40-minute helicopter flight from the western coast of Myanmar, out in the Bay of Bengal, stands a massive offshore platform. It is here that Daewoo International is to take its ...