McDermott nets Petronas offshore installation contract in In

McDermott International has had one of its subsidiaries awarded a transportation, installation and
pre-commissioning contract by PC Ketapang II Ltd, a subsidiary of Petronas, for the Bukit Tua
Development Project in the Ketapang block of East Java, Indonesia.

“McDermott is uniquely positioned to support the fast track nature of the Bukit Tua development that
is critical to provide energy to power a key industrial area in Gresik, Indonesia,” said Hugh Cuthbertson,
 McDermott vice president and general manager, Asia Pacific.

“This is the second award we have received related to the Bukit Tua Development this year. We are
currently fabricating the 1,212-ton BTJT-A wellhead jacket at our Batam Island fabrication facility in
Indonesia, where construction work is on track and expected to complete in November 2014.”

This new contract is for the transportation and installation of the BTJT-A jacket, its related topsides
and subsea pipeline tie-in spools. Additionally, McDermott will undertake the pre-commissioning of
the related export and infield pipelines. All offshore installation work will be carried out by the
McDermott Derrick Barge 30 (DB30).

“McDermott’s innovative engineering solutions played a key role in us winning the project. The unique
configuration of our DB30 enables work to be carried out in a shorter amount of time, which translates
to time and cost savings and helps to improve the overall efficiency and safety of offshore operations
for our client.”

The offshore campaign is expected to be completed by end of the first quarter of 2015.

The Bukit Tua field is located approximately 21 miles from Madura Island and 62 miles from Surabaya,
East Java, in approximately 190 feet of water.