BAKU, Azerbaijan, September 16. TechnipFMC has secured an integrated Engineering, Procurement, Construction and Installation (iEPCI®) contract from PETRONAS Carigali Sdn. Bhd. for the Limbayong deepwater project offshore Malaysia, the company said.
The contract was awarded to TechnipFMC subsidiary FMC Wellhead Equipment Sdn. Bhd. and covers the subsea scope of the greenfield development.
The project will use TechnipFMC’s Subsea 2.0® configure-to-order (CTO) platform alongside its iEPCI® approach, which integrates the engineering, procurement, construction and installation phases. According to the company, the combination is expected to shorten project cycle times and support the fast-track development of the field.
“This award builds on a continued relationship with PETRONAS,” Jonathan Landes, President of Subsea at TechnipFMC, said.
“Through our integrated approach and Subsea 2.0® CTO platform, we can provide a unique solution focused on improving project economics, accelerating delivery and enhancing project execution for Malaysia’s offshore energy sector,” he added.
TechnipFMC provides technology, projects, products and services to the traditional and new energy sectors. The company operates through its Subsea and Surface Technologies segments and develops integrated solutions, including iEPCI®, iFEED™ and iComplete®, as well as digital technologies for energy projects.
Located around 120 kilometers offshore Sabah in water depths of approximately 900 to 1,200 meters, the Limbayong field is considered one of Malaysia’s more technically complex offshore developments.
Discovered in 2002, the field is estimated to contain about 139 million barrels of recoverable oil and 784 billion cubic feet of non-associated natural gas. The project is viewed as a strategic development aimed at establishing a deepwater hub for East Malaysia, particularly Sabah.
Earlier milestones included the award of a major Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) contract to TechnipFMC for the field’s subsea production system. The scope included the design and installation of key subsea equipment, including subsea trees, manifolds, flexible risers and related infrastructure required for the deepwater development.
