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Home›Business & Finance›Under ‘significant’ contract, TechnipFMC to deliver fully integrated project for Australian energy giant
Business & Finance

May 14, 2024 · about 2 years ago

Under ‘significant’ contract, TechnipFMC to deliver fully integrated project for Australian energy giant

Australian energy giant Woodside Energy has awarded TechnipFMC with an integrated engineering, procurement, construction, and installation (iEPCI) contract to support ongoing production from an LNG project in Australia. Under the contract described as “significant”, TechnipFMC will design, manufactu

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Under 'significant' contract, TechnipFMC to deliver fully integrated project for Australian energy giant

Australian energy giant Woodside Energy has awarded TechnipFMC with an integrated engineering, procurement, construction, and installation (iEPCI) contract to support ongoing production from an LNG project in Australia.

Under the contract described as “significant” , TechnipFMC will design, manufacture, and install the Subsea 2.0 production system, flexible pipe, and umbilicals for the Xena Infill well (XNA03) to support ongoing production from the Pluto LNG Project.

The contract award follows an integrated front-end engineering design (iFEED) study and is the latest call-off on the framework agreement between the two companies.

Xena Phase 3 will be tied back to existing subsea infrastructure previously supplied by TechnipFMC.

Jonathan Landes , President of Subsea at TechnipFMC, said: “We are proud to be delivering a fully integrated project from concept to execution. This project will help our long-term client meet their objectives, demonstrating the favorable impact iFEED™, iEPCI™, and Subsea 2.0® can have on project economics.”

For TechnipFMC, a “significant” contract is worth between $75 million and $250 million. This award will be included in inbound orders in the second quarter of 2024.

Pluto LNG processes gas from the offshore Pluto and Xena gas fields in Western Australia which is piped through a 180-kilometer trunkline to a single onshore LNG-processing train. Woodside is developing a brownfield expansion of Pluto LNG through the construction of a second gas processing train which will process gas from the offshore Scarborough field.

Woodside is the Pluto Train 2 joint venture operator and holds a 51% participating interest. The final investment decision for the project was made in November 2021. As a result, around 5 million tons per annum (Mtpa) of Scarborough gas will be processed through Pluto Train 2, with up to 3 Mtpa processed through the existing Pluto Train 1.

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