ralph thomas mcdermott headquarters houston texas united states key people david dickson ceo services oil and gas website www.mcdermott.com mcdermott international formerly j. ray mcdermott nyse mdr is an american multinational engineering procurement construction and installation company with operations in the americas middle east the caspian sea and the pacific rim . 1 2 it is incorporated in panama and headquartered in houston texas united states . 3 contents 1 history 2 marine fleet 4 3 restructuring 4 references 5 external links history edit 1923 ralph thomas mcdermott established j. ray mcdermott & company incorporated at the age of 24 upon receipt of a contract to build 50 wooden drilling rigs for a wildcatter in luling texas . knowing he could benefit from his father s long time experience in the lumber and oilfield construction businesses ralph made john raymond mcdermott a partner and the company s namesake . 1930 expanded the business from its original headquarters in eastland texas to luling texas after a boom in oil exploration in the area . 1932 moved the company to houston texas with the continuing oil boom.provided different services to the oil industry through three mcdermott family owned businesses j. ray mcdermott & co. elmax construction and stall & mcdermott . 1937 hired the company s first construction crew a team of six.opened a new orleans louisiana office . 1938 introduced the first use of floating drilling equipment in low lying marshlands of texas and louisiana . 1939 purchased j.g. mcmullen dredging company and established it as the olsen dredging company . 1946 reorganized the multiple mcdermott family business operations into one j. ray mcdermott & co. inc. of delaware . 1947 designed and installed the first fixed platform made of steel out of sight of land in 20 feet of water in the gulf of mexico for superior oil.established a contracting division which was the major operating segment during the early years . 1948 acquired assets of harry f. allsman company mcdermott s joint venture partner for several contracting jobs in the gulf of mexico which provided equipment to meet the new demand for offshore construction . 1949 commissioned construction of the first vessel designed specifically for offshore work derrick barge 4 . the company s oil division was organized . marine fleet 4 edit agile construction support vessel 108 derrick barge 27 derrick barge 30 derrick barge 32 derrick barge 50 derrick lay vessel 2000 emerald sea lay vessel north ocean 105 north ocean 102 thebaud sea intermac 600 intermac 650 restructuring edit in 2010 mcdermott international share holders agreed to spin off the u.s. based government contracting services company babcock & wilcox and its related other domestic companies . the oil & gas services company j. ray mcdermott discontinued use of the j. ray mcdermott brand ; and continued its oil & gas services contracting under the name mcdermott international . the company is led by chairman president and ceo david dickson . 5 references edit offshore oil & gas construction . mcdermott international inc. archived from the original on september 3 2009 . retrieved 2009 09 05 . company profile . j. ray mcdermott . 30 jun 2008 . retrieved 2009 09 05 . j. ray . mcdermott inc. . businessweek . september 4 2009 . retrieved 2009 09 05 . marine fleet . mcdermott.com . retrieved 2015 09 01 . mcdermott to spin off b & w . world nuclear news . retrieved 2010 07 10 . external links edit official website retrieved from https en.wikipedia.org w index.php title mcdermott international & oldid 739078130 categories companies listed on the new york stock exchangecompanies established in 1923corporate inversionshidden categories official website different in wikidata and wikipedia navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutsch edit links this page was last modified on 12 september 2016 at 17 29 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view