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McDermott Wins $500–750M Subsea Contract for ENI’s Cronos Field

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McDermott secured a substantial subsea contract from Eni Cyprus Limited for offshore Cyprus’ Cronos gas field development, its first award with Eni. Valued at $500–750 million, the work covers project management, engineering, procurement and installation support, backed by the Subsea and Floating Facilities team and McDermott’s marine construction fleet. The award extends McDermott’s Eastern Mediterranean subsea presence as Eni advances field development.

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