McDermott has signed a lighthouse agreement with AVEVA, and Aras, to develop its asset lifecycle management capability across the energy transition, oil and gas, and nuclear sectors. This collaboration focuses on improving user experience for data-centric asset lifecycle management (ALM), from planning to disposal. The goal is to reduce costs and risk over the project lifecycle, improve decision-making, achieve better compliance and traceability, and enhance performance across the industrial ecosystem.

The seamless integration of Aras Innovator with AVEVA Unified Engineering, AVEVA Asset Information Management and other AVEVA tools and services will enable the creation of an engineering system of record. A trusted single source of truth will allow customers to improve engineering efficiency, data control and distribution, and traceability across the entire asset lifecycle. The Aras platform will extend the capabilities of AVEVA's trusted EPC tools into a collaborative project space inclusive of requirements management and workflow-driven capabilities.

McDermott will leverage its robust, global team of Digital and Information Systems Management experts and global Engineering IT teams to provide use cases, sprint feedback, and testing in support of the ALM program.