McDermott International has agreed a tie-up with Larsen & Toubro Heavy Engineering (LTHE) in a bid to tap India’s deepwater market.
The US-listed offshore contractor says the long-term exclusive agreement will focus on subsea projects offshore the east coast of India.
“This exclusive agreement further strengthens the relationship between McDermott and LTHE, both companies that have successfully cooperated on several earlier projects in India and, more recently, won the Vashishta deepwater development project,” said McDermott chief executive David Dickson.
“With
