Subsidy Tracker Parent Company Summary
Parent Company Name:
McDermott International
Ownership Structure:
publicly traded (ticker symbol MDR)
Headquartered in:
Panama (reincorporated for tax reasons)
Major Industry:
oilfield services and supplies
Specific Industry:
oilfield services
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $14,736,947 | 58 |
| Federal (grants and allocated tax credits) | $24,779,393 | 36 |
| TOTAL | $39,516,340 | 94 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $3,252,149,434 | 10 |
| TOTAL | $3,252,149,434 | 10 |
Time Period for State and Local Awards:
Earliest year of data: 2003. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2010.
Time Period for Federal Awards:
FY2000 to the present
Notes:
Dollar totals do not include awards for which no subsidy value is disclosed.
Associated Names:
CB AND I; HOWE BAKER ENGINEERS; LUMMUS TECH; MCDERMOTT; SHAW ALLOY PIPING PROD; SHAW GLOBAL ENERGY SVC; SHAW GROUP; SHAW MODULAR SOLUTIONS; SHAW PROCESS FABRICATORS; SHAW SSS FABRICATORS; SHAW SUNLAND FABRICATORS; SHAW TULSA FABRICATORS 2
Links:
For a summary of this company's regulatory violations see its Violation Tracker summary page here.
For more details on misconduct by this company, see its entry in the Project On Government Oversight's Federal Contractor Misconduct Database.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| Louisiana | $13,835,769 | 42 |
| Oklahoma | $894,665 | 14 |
| Delaware | $6,513 | 2 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| Shaw Modular Solutions, L.L.C. | United States | federal | 2010 | $10,800,000 | federal allocated tax credit | |
| Shaw Modular Solutions, LLC | Louisiana | state | 2011 | $9,345,275 | tax credit/rebate | |
| MCDERMOTT TECHNOLOGY, INC | United States | federal | 2001 | $1,900,000 | federal grant | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2001 | $1,500,000 | federal grant | |
| LUMMUS TECHNOLOGY INC. | United States | federal | 2014 | $1,098,423 | federal grant | |
| MCDERMOTT TECHNOLOGY, INC | United States | federal | 2003 | $1,000,000 | federal grant | |
| MCDERMOTT TECHNOLOGY, INC | United States | federal | 2004 | $835,470 | federal grant | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2000 | $750,000 | federal grant | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2001 | $700,000 | federal grant | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2002 | $692,168 | federal grant | |
| LUMMUS TECHNOLOGY INC. | United States | federal | 2017 | $589,192 | federal grant | |
| Shaw Sunland Fabricators, Inc. | Louisiana | state | 2009 | $515,110 | property tax abatement | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2001 | $500,000 | federal grant | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2000 | $411,183 | federal grant | |
| Shaw Sunland Fabricators, LLC | Louisiana | state | 2012 | $375,412 | property tax abatement | |
| Shaw Sunland Fabricators, Inc. | Louisiana | state | 2008 | $373,436 | property tax abatement | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2000 | $354,000 | federal grant | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2000 | $350,000 | federal grant | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2000 | $350,000 | federal grant | |
| MCDERMOTT TECHNOLOGY, INC | United States | federal | 2003 | $300,000 | federal grant | |
| LUMMUS TECHNOLOGY INC. | United States | federal | 2010 | $300,000 | federal grant | |
| Shaw Sunland Fabricators, Inc. | Louisiana | state | 2009 | $295,304 | Enterprise zone | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2001 | $281,000 | federal grant | |
| CB&I Walker La L.L.C. | Louisiana | state | 2015 | $268,950 | property tax abatement | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2000 | $256,000 | federal grant | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2000 | $250,000 | federal grant | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2002 | $230,723 | federal grant | |
| Shaw Sunland Fabricators, Inc. | Louisiana | state | 2008 | $213,067 | property tax abatement | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2002 | $210,420 | federal grant | |
| Shaw Alloy Piping Products, Inc. | Louisiana | state | 2010 | $186,525 | property tax abatement | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2000 | $172,000 | federal grant | |
| McDermott, Inc. | Louisiana | state | 2013 | $164,126 | property tax abatement | |
| Shaw Sunland Fabricators, Inc. | Louisiana | state | 2010 | $161,181 | property tax abatement | |
| Shaw Sunland Fabricators, LLC | Louisiana | state | 2012 | $160,050 | property tax abatement | |
| Shaw SSS Fabricators, Inc. | Louisiana | state | 2010 | $160,010 | property tax abatement | |
| CB&I Walker La L.L.C. | Louisiana | state | 2016 | $155,769 | property tax abatement | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2000 | $153,476 | federal grant | |
| MCDERMOTT TECHNOLOGY, INC | United States | federal | 2003 | $150,000 | federal grant | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2001 | $149,609 | federal grant | |
| Shaw SSS Fabricators, Inc. | Louisiana | local | 2014 | $145,911 | property tax abatement | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2002 | $138,954 | federal grant | |
| THE SHAW GROUP | Oklahoma | state | 2008 | $131,036 | training reimbursement | |
| Shaw SSS Fabricators, Inc. | Louisiana | state | 2011 | $129,057 | property tax abatement | |
| Shaw Alloy Piping Products, Inc. | Louisiana | state | 2010 | $114,967 | property tax abatement | |
| Shaw Alloy Piping Products Inc | Louisiana | state | 2009 | $114,933 | property tax abatement | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2002 | $108,907 | federal grant | |
| SHAW TULSA FABRICATORS INC #2 | Oklahoma | state | 2010 | $99,261 | grant | |
| Shaw Alloy Piping Products, LLC | Louisiana | state | 2012 | $95,279 | property tax abatement | |
| CB&I Walker La L.L.C. | Louisiana | local | 2014 | $95,152 | property tax abatement | |
| Shaw Alloy Piping Products, LLC | Louisiana | state | 2013 | $94,487 | property tax abatement | |
| Shaw Alloy Piping Products, LLC | Louisiana | state | 2013 | $94,487 | property tax abatement | |
| SHAW TULSA FABRICATORS INC #2 | Oklahoma | state | 2010 | $83,542 | grant | |
| Shaw Alloy Piping Products, Inc. | Louisiana | state | 2008 | $79,971 | property tax abatement | |
| SHAW TULSA FABRICATORS INC #2 | Oklahoma | state | 2010 | $77,741 | grant | |
| SHAW TULSA FABRICATORS INC #2 | Oklahoma | state | 2010 | $76,940 | grant | |
| SHAW TULSA FABRICATORS INC #2 | Oklahoma | state | 2010 | $71,835 | grant | |
| SHAW TULSA FABRICATORS INC #2 | Oklahoma | state | 2010 | $67,754 | grant | |
| Shaw Global Energy Services, Inc. | Louisiana | state | 2010 | $63,581 | property tax abatement | |
| SHAW TULSA FABRICATORS INC #2 | Oklahoma | state | 2010 | $63,180 | grant | |
| SHAW TULSA FABRICATORS INC #2 | Oklahoma | state | 2010 | $57,486 | grant | |
| SHAW TULSA FABRICATORS INC #2 | Oklahoma | state | 2010 | $55,673 | grant | |
| Shaw Alloy Piping Products, LLC | Louisiana | state | 2015 | $53,441 | property tax abatement | |
| Shaw Alloy Piping Products, LLC | Louisiana | state | 2011 | $52,835 | property tax abatement | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2002 | $50,000 | federal grant | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2000 | $50,000 | federal grant | |
| SHAW TULSA FABRICATORS INC #2 | Oklahoma | state | 2010 | $46,049 | grant | |
| Shaw Alloy Piping Products, LLC | Louisiana | local | 2014 | $44,670 | property tax abatement | |
| Shaw SSS Fabricators, Inc. | Louisiana | state | 2008 | $42,416 | property tax abatement | |
| Shaw Alloy Piping Products, LLC | Louisiana | state | 2016 | $41,432 | property tax abatement | |
| Shaw Process Fabricators, Inc. | Louisiana | state | 2010 | $40,683 | property tax abatement | |
| MCDERMOTT TECHNOLOGY, INC | United States | federal | 2003 | $37,500 | federal grant | |
| SHAW TULSA FABRICATORS INC #2 | Oklahoma | state | 2010 | $33,308 | grant | |
| Shaw Global Energy Services, Inc. | Louisiana | state | 2008 | $30,069 | property tax abatement | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2001 | $30,000 | federal grant | |
| SHAW TULSA FABRICATORS INC #2 | Oklahoma | state | 2010 | $25,726 | grant | |
| Shaw SSS Fabricators, Inc. | Louisiana | state | 2010 | $25,462 | property tax abatement | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2002 | $25,368 | federal grant | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2002 | $25,000 | federal grant | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2003 | $15,000 | federal grant | |
| MCDERMOTT TECHNOLOGY INC | United States | federal | 2002 | $15,000 | federal grant | |
| Shaw Sunland Fabricators, LLC | Louisiana | state | 2011 | $14,405 | property tax abatement | |
| Shaw Global Energy Services, Inc. | Louisiana | state | 2010 | $13,886 | property tax abatement | |
| Shaw SSS Fabricators, Inc. | Louisiana | state | 2012 | $13,128 | property tax abatement | |
| Shaw Global Energy Services, LLC | Louisiana | state | 2011 | $12,223 | property tax abatement | |
| Shaw Alloy Piping Products Inc | Louisiana | state | 2010 | $10,364 | property tax abatement | |
| Shaw Alloy Piping Products, LLC | Louisiana | state | 2011 | $9,917 | property tax abatement | |
| Shaw Sunland Fabricators, LLC | Louisiana | state | 2013 | $6,912 | property tax abatement | |
| Shaw Sunland Fabricators, LLC | Louisiana | state | 2013 | $6,912 | property tax abatement | |
| Shaw Process Fabricators, Inc. | Louisiana | state | 2008 | $6,254 | property tax abatement | |
| SHAW TULSA FABRICATORS INC #2 | Oklahoma | state | 2010 | $5,134 | grant | |
| Shaw SSS Fabricators, Inc. | Louisiana | state | 2013 | $4,360 | property tax abatement | |
| Shaw SSS Fabricators, Inc. | Louisiana | state | 2013 | $4,360 | property tax abatement | |
| Shaw Global Energy Services | Delaware | state | 2003 | $4,329 | training reimbursement | |
| Shaw Global Energy Services | Delaware | state | 2003 | $2,184 | training reimbursement | |
| Cbi Americas Ltd | United States | federal | 2011 | $1,521,842,276 | federal loan or loan guarantee | |
| Cbi Americas Ltd | United States | federal | 2011 | $537,120,803 | federal loan or loan guarantee | |
| Cbi Americas Ltd | United States | federal | 2011 | $324,680,215 | federal loan or loan guarantee | |
| Cbi Americas Ltd | United States | federal | 2011 | $284,638,731 | federal loan or loan guarantee | |
| Cbi Americas Ltd | United States | federal | 2012 | $274,759,932 | federal loan or loan guarantee | |
| Cbi Americas Ltd | United States | federal | 2011 | $114,593,017 | federal loan or loan guarantee | |
| Cbi Americas Ltd | United States | federal | 2012 | $96,974,093 | federal loan or loan guarantee |
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