McDermott firms up spoolbase deal

McDermott International has signed a lease agreement with the Mississippi Development Authority and the Mississippi State Port Authority to develop a spoolbase in the Port of Gulfport to support deep-water reel-lay projects in the US Gulf of Mexico.

Terms were not disclosed, but McDermott said the 50-acre facility will be available on an exclusive basis to the contractor in early 2016.

McDermott added that the spoolbase will be equipped with "advanced welding processes" and a "state-of-the-art fabrication building and stalk racks as well as a dedicated dock for vessel berthing" for reeling pipe to the installation vessel.

Gulfport will raise the ante for winning deep-water pipeline installation projects in the US Gulf as Technip has enjoyed working a good chunk of both reel-lay and pipe-in-pipe jobs thanks to its spoolbase in nearby Theodore, Alabama.

"Gulfport’s well-established port with coastline access to the Gulf of Mexico makes it a prime location for the operation of a spoolbase," said Tony Duncan, executive vice president of subsea. "This facility complements our efficiency and quality standards in reel-lay and our high performance vessels, positioning McDermott to serve our clients from the Gulf of Mexico."

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