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 SummarySubsidy ValueNumber of Awards
State/Local$14,736,94758
Federal (grants and allocated tax credits)$24,779,39336
TOTAL$39,516,34094
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$3,252,149,43410
TOTAL$3,252,149,43410
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 awardsTotal Subsidy $Number of Awards
Louisiana$13,835,76942
Oklahoma$894,66514
Delaware$6,5132

Individual Subsidy Records:

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Company Location Subsidy Source Year Subsidy Valuesort icon 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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