UK-based engineering giant TechnipFMC has won a deal worth between $250 million and $500 million for a key contact at the Petronas-operated Limbayong deep-water development offshore Malaysia.
TechnipFMC said it would provide front-end engineering design, and integrated engineering, procurement, construction, installation and commissioning of subsea production system, umbilicals, risers and flowlines.
The contract covers the development of 10 deep-water wells and their tieback to the Limbayong floating production storage and offloading (FPSO) unit in Malaysia. 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 carried out by TechnipFMC’s Kuala Lumpur office and will leverage its local manufacturing plants in Malaysia.