McDermott targets US$5B Asia-Pacific growth 

US ENGINEERING and construction firm McDermott International says it is bidding for US$5 billion in contracts for Asia-Pacific oil and gas projects. 

McDermott targets US$5B Asia-Pacific growth  McDermott targets US$5B Asia-Pacific growth  McDermott targets US$5B Asia-Pacific growth  McDermott targets US$5B Asia-Pacific growth  McDermott targets US$5B Asia-Pacific growth 

McDermott announced Ian Prescott as its new vice president for Asia in January

Speaking at the OTC Asia conference in Kuala Lumpur this week, senior commercial director of Asia Pacific Mahesh Swaminathan said McDermott had seen a 15-20% increase in the number of projects it