J Ray McDermott is among the leading worldwide energy services businesses. The company s subsidiaries offer engineering, fabrication, installation, procurement, research, manufacturing, environmental systems and project management for a variety of clients in the energy and power industries. Its major operations are BWX Technologies, a provider of products and services to the United States Department of Energy and other U.S. government programs; The Babcock & Wilcox Company, a supplier of fossil-fueled steam generation systems and associated equipment, nuclear steam generators and emissions reduction equipment; and J. Ray McDermott, a firm that designs, engineers, fabricates and installs marine pipelines and offshore structures for development drilling and subsea production systems.