TechnipFMC clinches US$250m to US$500m Petronas Carigali contract

Petronas Carigali awarded a substantial contract – ranging from US$250mil to US$500mil to International oil and gas services company TechnipFMC’s subsidiary for the Limbayong deepwater development project.

KUALA LUMPUR: International oil and gas services company TechnipFMC’s subsidiary has secured a substantial contract – ranging from US$250mil to US$500mil – from Petronas Carigali Sdn Bhd for the Limbayong deepwater development project offshore Malaysia.

According to an announcement on TechnipFMC’s website, FMC Wellhead Equipment Sdn Bhd would provide its services ranging from front-end engineering design, and integrated engineering, subsea production system, umbilicals, risers and flowlines for the project.

While TechnipFMC does not provide the amount of the contract, it stated that a “substantial” contract ranges between US$250mil and US$500mil.

“This contract covers the development of 10 deepwater wells and their tieback to the Limbayong floating production storage and offloading (FPSO) unit in Malaysia, ” it said.

TechnipFMC will design, manufacture, deliver and install subsea equipment including subsea trees, manifolds, umbilicals, flexible risers, flowlines, jumpers and other associated subsea hardware for the project.

The project will be executed from TechnipFMC’s Kuala Lumpur office and will leverage its local manufacturing plants in Malaysia.

Jonathan Landes, president subsea at TechnipFMC said the company was honoured to have been selected by Petronas Carigali to develop this deepwater field.

“This iEPCI contract combines our integrated subsea solution with our Subsea 2.0 products, demonstrating the added value of our unique and complete integrated offering, ” he said.

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