Companies

McDermott

Engineering and constructionHouston, TexasMore than 30,000 employees

More about McDermott

Engineering and construction contractor that builds offshore, LNG and other energy facilities for oil, gas and energy companies

Revenue
$10B
Fiscal 2025
Employees
More than 30,000
As of 2026
Stock
Private
Headquarters
Houston, Texas
CEO
Michael McKelvy
Since February 2022
Main businessesEngineering, procurement and construction for offshore oil and gas, LNG, and downstream energy projects in over 30 countries
Current strategyImproving backlog quality and operating discipline while delivering its 2026 business plan
CompetitorsTechnipFMC, Saipem, Fluor
Related companiesBechtelTechnipFMC

Checked October 11, 2026 · Sources: mcdermott.com, mcdermott.com (2), mcdermott.com (3)

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McDermott layoffs and discussions · WorkHush