MCDERMOTT INTERNATIONAL INC
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McDermott International, Inc., through its subsidiaries, provides engineering, procurement, and project management services for customers involved in the production of energy worldwide. The company operates in three business segments: Marine Construction Services, Government Operations, and Power Generation Systems. The Marine Construction Services segment's principal activities include the front-end and detailed engineering, fabrication, and installation of offshore drilling and production facilities, and installation of marine pipelines and subsea production systems. It operates in the United States, Gulf of Mexico, Mexico, South America, the Middle East, India, the Caspian Sea, and Asia Pacific. The Government Operations segment supplies nuclear components and provides various services, including uranium processing, environmental site restoration services, and management and operating services for the United States government-owned facilities, primarily within the nuclear weapons complex of the U.S. Department of Energy. The Power Generation Systems segment provides various services, equipment, and systems to generate steam and electric power. The company was formed in 1923 under the name J. Ray McDermott and changed its name to McDermott International, Inc. in 1983. McDermott International is based in New Orleans, Louisiana.