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McDermott reports strong first-quarter results amid Middle East uncertainty

McDermott reports strong first-quarter results amid Middle East uncertainty

by Offshore Reporter | May 19, 2026 | Offshore

McDermott reported first-quarter 2026 revenue of $2.4 billion and a backlog of $17.6 billion as the offshore engineering contractor cited strong project execution and continued operations amid Middle East market uncertainty.

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McDermott reports strong first-quarter results amid Middle East uncertainty

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