McDermott has made significant advancements through two key partnerships. Firstly, with Malaysia's TAS Institute of Oil and Gas, they have signed an MoU to focus on research and development, training, and capacity building in Sabah, Malaysia. The collaboration aims to enhance the local workforce's skills and institutional capabilities, with a strategic goal to position Sabah as a hub for energy projects in Southeast Asia. This partnership signifies McDermott's commitment to institutional development and knowledge transfer in Malaysia's energy sector. The second significant development is McDermott's ECI agreement with Abraxas Power Corporation for the Exploits Valley Renewable Energy Corporation project in Canada. This innovative project represents Canada's first commercial green hydrogen and ammonia production facility, incorporating a wind farm and solar photovoltaic elements. McDermott's involvement highlights their expertise in low carbon solutions and modular implementation, aiming to drive cost savings and ensure quality assurance. The company will provide a range of services for this project, including front-end engineering design, engineering, procurement, and construction services for the hydrogen and ammonia production aspects. Overall, these initiatives underscore McDermott's dedication to advancing energy projects globally, showcasing their industry-leading capabilities in engineering and construction solutions. The positive sentiment towards hydrogen is evident in their commitment to green hydrogen and ammonia production, aligning with the transition towards renewable energy sources.