July 12, 2011

McDERMOTT INT’L: Reserves $2.9MM for Envt’l. Matters at March 31

COMPANIES: McDermott International Inc
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McDermott International, Inc. had total environmental reserves of US$2.9 million at both March 31, 2011 and Dec. 31, 2010, of which US$2.4 million was included in current liabilities.

Inherent in the estimates of those reserves and recoveries are the Company’s expectations…

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LOCATIONS: Texas | United States