Under the contract, McDermott will transport and install the 3,300t jacket and 2,100t topsides on South Timbalier Block 311 in the Gulf of Mexico.
McDermott International vice-president and general manager of Americas Dominic Savarino said: "McDermott is pleased to work again for Walter to support its drilling and production activities.
"This project supports our goal to maximise our asset utilisation between large contracts through short-term transportation and installation work."
The six-pile Megalodon platform will be placed over an existing drill site with installation operations anticipated to start in the fourth quarter of 2014.
In October 2013, Walter Oil & Gas awarded a contract to Gulf Island Fabrication to build the jacket, piles and topsides for the Megalodon project.
Image: The McDermott heavy-lift vessel will install the Megalodon platform in the Gulf of Mexico. Photo: courtesy of Business Wire.
