US contractor McDermott International Ltd. has been awarded a front-end engineering contract by a unit of Spain-based energy company Repsol to develop the Polok and Chinwol oil fields in the Gulf of Mexico.
For the second consecutive year, Top 400 revenue has increased by a double-digit percentage—rising 13.9% to $556.9 billion from $488.98 billion last year while median firm revenue is also up 10.9% to $629.5 million.
The Cianbro Cos.’ post-pandemic growth is a testament to its breadth of capabilities and to the value of having a nimble team that can move from one project challenge to the next with diverse skill sets built up over the years.
Chris Ashton, CEO of Australia-based engineer-builder, sees growth in 'sustainability projects' in sale of North America maintainance unit gained from Jacobs, but firm also posts traditional oil and gas project wins from major players.