McDermott International (formerly J. Ray McDermott) (NYSE: MDR) is an American multinational engineering, procurement, construction and installation company with operations in the Americas, Middle East, the Caspian Sea and the Pacific Rim. It is incorporated in Panama and headquartered in Houston, Texas, United States. 1923 Ralph Thomas McDermott established J. Ray McDermott & Company Incorporated at the age of 24 upon receipt of a contract to build 50 wooden drilling rigs for a wildcatter in Luling, Texas. Knowing he could benefit from his fathers long-time experience in the lumber and oilfield construction businesses, Ralph made John Raymond McDermott a partner and the company’s namesake. 1930 Expanded the business from its original headquarters in Eastland, Texas, to Luling, Texas, after a boom in oil exploration in the area.
Highest paying job titles at McDermott International include Structural Engineer, Chief Technology Advisor, and Process Engineer