McDermott (MDR) gains 6% after announcing it has won a $2B engineering and construction contract...

|About: McDermott International, Inc. (MDR)|By:, SA News Editor

McDermott (MDR) gains 6% after announcing it has won a $2B engineering and construction contract from Japan's Inpex related to a natural gas project off the coast of Australia. McDermott claims the deal is the "largest subsea contract" it has seen.