| Founded 1983 | Founder J.M. Bernhard Jr. Oscar J.LaFleur A.W. Angelo | Headquarters Houston, TX | Key people Mike Childers (CEO) Sachin Singh (COO) Andrew Cannon (CFO) |
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Did Aptim buy Shaw?
The building was built in 2003 and was the corporate headquarters of The Shaw Group, a Fortune 500 company once based in Baton Rouge. Shaw was acquired in 2013 for $3 billion by CB&I, which later merged with McDermott and had already sold off a division that became Aptim ahead of the merger.
When did CBI buy Shaw?
THE WOODLANDS, Texas–(BUSINESS WIRE)–CB&I (NYSE: CBI) announced today that it has completed the acquisition of The Shaw Group. CB&I and Shaw shareholders overwhelmingly approved the transaction in December 2012 .
Who bought CBI?
In May 2018 the company was acquired by McDermott International for US$6 billion. After being acquired by McDermott, CB&I’s stock ceased being listed on the NYSE on May 11, 2018. Gary P. Luquette was the chairman of the combined company.
How many employees does Aptim have?
With 10,000 employees in 80 locations across the globe, we are both a partner and relentless advocate for our customers.” According to Raoul Portillo, part of APTIM’s Oil, Gas, and Chemical business, “The folks at APTIM are committed to breaking new ground every day in extraordinary ways.
Who owns Aptim construction?
CB&I’s capital services unit, which is owned by Veritas Capital , has rebranded to APTIM. Also, Gary C. Baughman has been named CEO and a member of the board of directors. APTIM is a provider of asset-related services to the power, industrial, oil and gas, commercial and government markets.
Is Aptim part of McDermott?
The combined McDermott and CB&I operations will have revenues of about $10 billion and a backlog of work totaling about $14.5 billion. The transaction, which includes CB&I’s technology business and former engineered products business, is expected in second-quarter 2018.
Does McDermott own CB&I?
(“McDermott” or the “Company”) (NYSE :MDR ) today announced that it has completed its combination with Chicago Bridge & Iron Company N.V. (“CB&I”), creating a premier, fully integrated provider of technology, engineering and construction solutions for the energy industry. ...
What companies does McDermott own?
It provided different services to the oil industry through three McDermott family-owned businesses: J. Ray McDermott & Co., Elmax Construction, and Stall & McDermott.
What does Aptim do?
APTIM specializes in engineering, program management, environmental services, disaster recovery, complex facility maintenance, and construction services . Serving Government, Oil, Gas, Chemical, Industrial, Commercial, and Power clients, we are your partner and relentless advocate.
What kind of company is Aptim?
APTIM is a leading global provider of integrated maintenance services, environmental engineering and remediation , infrastructure EPC services, program management, and disaster response and recovery for private sector and government customers.
Is McDermott going out of business?
McDermott exits bankruptcy , completes Lummus sale
Houston-based McDermott International Ltd., which provides engineering and construction for the energy industry, has emerged from bankruptcy protection with about $4.6 billion of debt eliminated, according to a June 30 press release.
Is McDermott a good company?
Overall good company to work with
Overall its a good company to work with, I would advise one who is looking for opportunities in oil and gas to apply IN cb&i.
How much is McDermott worth?
The estimated Net Worth of William R Mc Dermott is at least $80.7 Million dollars as of 17 August 2021. Mr. Dermott owns over 5,067 units of ServiceNow Inc stock worth over $12,449,756 and over the last 15 years he sold NOW stock worth over $26,575,844.
