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McDERMOTT CLOSES FIRST STAGE OF DELTA CATALYTIC ACQUISITION

 NEW ORLEANS, June 11 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) announced today that it has acquired approximately 50 percent of Delta Catalytic Corporation of Calgary, Alberta, concluding the first phase of a two-phase acquisition.
 Under an agreement announced May 20, McDermott will acquire the balance of the Canadian company at the end of 1996. Terms were not disclosed.
 Delta Catalytic provides engineering, procurement, construction, maintenance, and tool and equipment rental services to industries worldwide, including oil and gas; power generation; industrial, civil, and marine construction; petrochemical; and pulp and paper.
 McDermott International, Inc. is a leading worldwide energy services company. The company and its subsidiaries manufacture steam-generating equipment, environmental equipment, and government and aerospace products. They also provide engineering and construction services for industrial and utility facilities onshore, and to the oil and gas industry offshore.
 -0- 6/11/93
 /CONTACT: Don Washington of McDermott, 504-587-4080/
 (MDR)


CO: McDermott International, Inc.; Delta Catalytic Corporation ST: Louisiana IN: OIL SU: TNM

RA-BN -- AT003 -- 1074 06/11/93 12:49 EST
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Publication:PR Newswire
Date:Jun 11, 1993
Words:169
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