TechnipFMC will carry out the engineering, procurement, construction, installation and commissioning contract for the subsea production system, umbilical, riser and flowline (SURF) at Petronas’ Limbayong deep-water development offshore Malaysia.
The deep-water project, which is the first led by Petronas in Malaysia, is an oil and non-associated gas field located 120 kilometres offshore Sabah in water depths of between 900 and 1,200 metres. The field consists of 10 deep-water wells which tie back to the project’s floating production storage and offloading unit (FPSO) while the subsea system is made up of SURF.
“The Limbayong project is aligned with Petronas’ three-pronged growth strategy to expand our resource base. We hope the project, which is Petronas’s first deep-water development undertaking in Malaysia, will give confidence and invite potential investors to collaborate further in maturing the country’s deep-water resources. Apart from monetisation, Limbayong will be a platform to enhance our internal capabilities in preparing for the next deep-water projects not only in Sabah but also in other regions,” Petronas chief executive of upstream Adif Zulkifli said in a statement.