Fundz
Funding, M&A and exec moves matched to your market, from $49/mo billed annually, or $79/mo quarterly. See plans and pricing.See plans →

McDermott secures a subsea contract valued between $500m and $750m from Eni for the Cronos gas development offshore Cyprus.

Sep 08, 2026•about 2 hours ago

Contract Type

contract

HoustonOil And Gas

Description

McDermott has been awarded a significant subsea contract by Eni for the Cronos gas development project located offshore Cyprus. This contract, classified as substantial, involves project management, engineering, procurement, and installation support and marks McDermott's first project award from Eni.

Company Information

Company

Mcdermott

Location

Houston, Texas, United States

About

McDermott is a premier provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach—engineered to responsibly harness and transform global energy resources into the products the world needs for now and what’s next.

Predictive Intelligence
Strategic

ML-powered predictions for Mcdermott's next move

Learn about Strategic plan

Agreement Insights

Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Mcdermott signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.

145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.