TechnipFMC has secured an engineering, procurement, construction, installation and commissioning (EPCI) contract for subsea equipment for Petronas’ Limbayong deepwater development project offshore Malaysia.
TechnipFMC’s subsidiary FMC Wellhead Equipment is in charge of providing the subsea production system, umbilical, riser and flowline (SURF) scope for the project.
“The Limbayong project is aligned with Petronas’ three-pronged growth strategy to expand our resource base” , said Adif Zulkifli , executive vice president and chief executive officer of upstream, Petronas.
“We hope the project, which is PCSB’s first deepwater development undertaking in Malaysia, will give confidence and invite potential investors to collaborate further in maturing the country’s deepwater resources”.
Limbayong 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 while the subsea system is made up of SURF.
The project is expected to pave the way for the development of the surrounding prospects within an 18 to 30 kilometers of its vicinity
As reported in February, Petronas previously selected TechnipFMC to provide front-end engineering design, and iEPCI of subsea production system, umbilicals, risers and flowlines for the Limbayong project.
The UK-headquartered company also recently secured an EPCI contract for subsea equipment for the Captain Enhanced Oil Recovery (EOR) project in the North Sea.