** Shares of energy engineering solutions provider up 2.6% in premarket trading after contract with Anadarko Petroleum Corp for LNG development
** The project’s scope includes onshore engineering, procurement and construction (EPC) for all components of the onshore LNG development
** MDR’s initial portion of the EPC contract award is ~$2 billion
** Deal is between CCS JV, a joint venture between McDermott, Saipem and Chiyoda, and Anadarko
** Up to Tuesday’s close, MDR’s shares had fallen ~69% over the last one year
Reporting By Aparajita Saxena in Bengaluru
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