Voice of Commonwealth

TechnipFMC acquires Malaysia deep-water deal

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The UK-based engineering giant TechnipFMC, specialized in subsea, onshore/offshore and surface projects, has won a contract worth between US$250 million and US$500 million from the Petronas for the Limbayong deep-water development offshore Malaysia. Petronas is one of the huge and a leading global energy and solutions partner.  

TechnipFMC said the company will provide services such as front-end engineering design and integrated engineering, procurement, fabrication, installation and commissioning of subsea manufacturing systems, umbilical, risers and flowlines. The deal includes the construction of 10 deep-water wells and its connection to the Limbayong floating production storage and offloading (FPSO) unit in Malaysia.

Jonathan Landes, President Subsea at TechnipFMC, said: “We are delighted and honored to have been selected by PETRONAS Carigali to develop this deep-water field. We are committed to PETRONAS Carigali and to the Malaysian oil and gas industry. 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.”

TechnipFMC will render its services in the areas of designing, development, supply and installation of subsea equipment, including subsea trees, manifolds, umbilicals, flexible risers, flowlines, jumpers and other related subsea hardware operations for the project. The main project will be managed by the TechnipFMC’s office in Kuala Lumpur and will support its local manufacturing companies in Malaysia.

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