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.
The contractor does not "admit or deny" charges on legacy project accounting violations, says federal regulator, but it cooperated with financial reporting probe—as agency reached similar pact with former McDermott executives in June.
Former Gilbane Building Co. succeeds Lee McIntire, the offshore contractor's interim CEO and his former boss at CH2M; Thomas M. Laird Jr. takes CEO job at New England-based Gilbane
