Thread regarding McDermott International Inc. layoffs

MZLNG

Heard a rumor that Chiyoda pulled out of the MZLNG JV. Also, RGLNG is waiting for Saipem to sign the JV this month.

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Post ID: @X4hYb7w

5 replies (most recent on top)

I work for RG and I pray to God we dont have you fools and id--ts fool our management into signing with you guys to do the work. No offense, but face it. You guys have made a trainwreck out of every project you have touched. Cameron and Freeport are still in the ditch and cost a fortune to rescue. Someone in your upper management needs a good a-- whipping.

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Post ID: @X4hYb7w-oneo

This project is already underwater. CB&I have not done well with pricing. Nothing has changed so why would anyone expect this project to be any different?

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Post ID: @X4hYb7w-jgil

Nobody wants to do business with crooks, except crooks!

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Post ID: @X4hYb7w-3skx

Chiyoda has terrible finances. Look at their last earnings call. They have issues with golden pass as well.

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Post ID: @X4hYb7w-1lrq

Yeah, heard that too. There aren’t a lot of MDR people on that org chart though! Wondering if Chiyoda is going to go it alone or partner up with someone else. The Rio thing though could be a huge issue if Saipem doesn’t partner with us since NextDecade won’t let us go it alone which they are looking pretty smart to do!

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Post ID: @X4hYb7w-hgk

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