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McDermott Outperformed Peers for Second Week in a Row

Rabindra Samanta
McDermott Outperformed Peers for Second Week in a Row

Last week, MDR outperformed the energy sector for the second consecutive week. On June 5, MDR announced, “CCS JV, a joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for a contract with Anadarko Petroleum Corporation for the Mozambique Area 1 Liquefied Natural Gas Development.”