In a recent development, McDermott and Malaysia’s TAS Institute of Oil and Gas have signed a memorandum of understanding (MoU) to collaborate on research and development, training, capacity building, and institutional development in Sabah, Malaysia. The partnership aims to upskill the local workforce and enhance institutional capabilities to position Sabah as a strategic hub for energy projects in Southeast Asia. This collaboration, formalized during the Sabah Oil, Gas and Energy Conference and Exhibition, highlights McDermott and TAS's commitment to boosting the energy sector in Malaysia. Moreover, McDermott has been awarded an early contractor involvement (ECI) agreement for the Exploits Valley Renewable Energy Corporation (EVREC) project in Central Newfoundland, Canada. The project is set to become Canada's first commercial green hydrogen and ammonia production facility. It will feature a wind farm with 530 turbines capable of generating 3.5 gigawatts of electricity, along with 150 megawatts of solar photovoltaic capacity. The facility will have the ability to produce 165 kilotons per annum of hydrogen and 5000 metric tons per day of ammonia. McDermott's involvement underscores its expertise in the renewable energy sector and commitment to offering innovative solutions. The ECI agreement with Abraxas Power Corporation includes front-end engineering design (FEED), engineering, procurement, and construction (EPC) execution planning services for the hydrogen production, ammonia processing, and product storage aspects of the project. McDermott aims to leverage its experience and integrated delivery model to drive cost savings, mitigate risks, and ensure high-quality outcomes for the EVREC project. The company's emphasis on sustainable energy solutions and excellence in project execution further solidify its position as a key player in the energy industry.