Dateline 2013-10-04, Rigzone:
McDermott International, Inc. (McDermott) reported Thursday that the company’s affiliates and Malaysia-based TH Heavy Engineering Berhad (THHE) have confirmed the formalization of several Joint Ventures. The joint ventures were formally approved by THHE shareholders at their annual general meeting June 3.
“This is a milestone occasion for both companies” said Scott Cummins, senior vice president and general manager, McDermott in Asia Pacific. “We have worked together on previous international bids as prime contractor and subcontractor, but with the new joint ventures we are both better able to commit and combine resources to enhance our joint Malaysian business. “
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Wata - Malaysian Oil and Gas Engineer 