Petronas Taps TechnipFMC Unit for Deepwater Project

A subsidiary of PETRONAS (KLSE: PETGAS) has awarded a unit of TechnipFMC (NYSE: FTI) (PARIS: FTI) a contract for the Limbayong Deepwater Development Project offshore Malaysia, TechnipFMC reported Monday.
Under the contract, FMC Wellhead Equipment Sdn. Bhd. will provide PETRONAS Carigali Sdn. Bhd. With front-end engineering design and integrated engineering, procurement, construction, installation, and commissioning of subsea production system, umbilicals, risers, and flowlines (iEPCI) for Limbayong, TechnipFMC noted in a written statement emailed to Rigzone.
“We are delighted and honored to have been selected by PETRONAS Carigali to develop this deepwater field,” remarked Jonathan Landes, TechnipFMC’s president for subsea. “We are committed to PETRONAS Carigali and to the Malaysian oil and gas industry.”
According to TechnipFMC, the contract covers developing 10 deepwater wells and their tieback to the Limbayong Floating Production Storage and Offloading (FPSO) unit in Malaysia. Additionally, the contract recipient stated that it will design, manufacture, deliver, and install the following subsea equipment:
- subsea trees
- manifolds
- umbilicals
- flexible risers
- flowlines
- jumpers
- other associated subsea hardware.
TechnipFMC stated that it will execute the project from its Kuala Lumpur office and use its local manufacturing plants in Malaysia. The company noted the contract’s value falls within a range from $250 million to $500 million.
To contact the author, email mveazey@rigzone.com.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Oil Sands Give OPEC a Boost
- SLB, CVX, MSFT in Carbon Negative Bioenergy Project
- Saudis Bet Against Return of USA Shale Glory Days
- Shearwater Wins Offshore Australia 3D Survey
- Offshore Project Commitments Set for Record Boost
- Analysts React to OPEC+ Meeting
- Fuel Demand Fizzles in Key USA Export Markets
- Baker Hughes Rig Count Shows Slight USA Gain
- Conoco COO Retires
- Exxon Cutting Hundreds of Workers in Singapore
- Qatar Petroleum Awards Major EPC Deal
- API Mulls Embrace of Carbon Pricing
- Aramco Donates $1MM to Texas After Storm Uri
- BP Appoints New UK Head and Europe SVP
- Houthis Claim Strike on Aramco Oil Depot
- DOE Announces New Senior Leadership Appointees
- Oil Sands Give OPEC a Boost
- Tethys Hits Hydrocarbons Onshore Oman
- Qatar Petroleum Greenlights $29B LNG Project
- Total Bolsters Renewable Portfolio with Texas Buys
- How Many US GOM Jobs Could Go Under Biden?
- How Many US Oil Jobs Were Lost in 2020?
- Ng Spurns Keystone XL Nafta Challenge
- Could Biden Order Kill GOM Oil and Gas?
- Texas Governor Addresses Skyrocketing Energy Bills
- US Sees Largest Production Disruption Ever
- Conoco COO Retires
- Biden Jobs Assurances Backfire with Oil and Mining Workers