Shell Global Solutions International B.V., a subsidiary of the Shell Group, has selected McDermott International Ltd for a global framework agreement covering engineering, procurement and integrated project management team (IPMT) services. The initial term spans three years, with two optional one-year extensions, encompassing McDermott’s key service lines in low-carbon solutions,…
Shell Global Solutions International B.V., a subsidiary of the Shell Group, has selected McDermott International Ltd for a global framework agreement covering engineering, procurement and integrated project management team (IPMT) services. The initial term spans three years, with two optional one-year extensions, encompassing McDermott’s key service lines in low-carbon solutions, Middle East offshore operations and subsea and floating facilities.
The framework agreement enables Shell to leverage McDermott’s engineering and project management capabilities, notably through its international technical centres. The collaboration aims to develop feasibility and front-end engineering solutions tailored to complex energy projects in the context of global industrial portfolio diversification.
Expansion of a strategic partnership
McDermott has a long-standing business relationship with Shell, having previously delivered a substantial volume of deepwater projects in the Gulf of Mexico, Trinidad and Tobago, Western Australia and Malaysia. This new agreement reinforces their partnership within a structured and replicable global framework.
The agreement’s technical scope also covers McDermott’s capabilities in construction, offshore installation and prefabrication, integrating its proprietary technologies and interregional delivery platforms. Under the terms of the contract, McDermott will deploy its international resources to ensure simultaneous execution in line with industry safety standards.
Operational model and contractual governance
McDermott’s leadership stated that the engagement is part of a long-term partnership approach based on execution model agility and shared expertise between both companies. McDermott’s Executive Vice President and Chief Operating Officer, Maurizio Coratella, noted that the agreement reflects the company’s ability to integrate design, delivery and management activities in technically intensive projects.
The contract does not disclose allocated amounts or specify individual projects at this stage. However, it aligns with a broader trend of strategic coordination between major energy buyers and technical service providers in the global energy sector.
