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TechnipFMC (FTI) Q4 2021 Earnings Call Transcript

TechnipFMC (FTI) Q4 2021 Earnings Call Transcript

Malaysia: PETRONAS awards Limbayong Deepwater EPCIC Contract to TechnipFMC

PETRONAS has awarded the Engineering, Procurement, Construction, Installation and Commissioning contract for subsea production system, Umbilical, Riser and Flowline (SURF) for its Limbayong Deepwater Development Project to FMC Wellhead Equipment, a subsidiary of TechnipFMC.

Petronas awards Limbayong SURF contract to TechnipFMC

Advertisement Petronas Carigali Sdn Bhd (PCSB) has awarded the Engineering, Procurement, Construction, Installation and Commissioning contract for subsea production system, Umbilical, Riser and Flowline (SURF) for its Limbayong Deepwater Development Project to FMC Wellhead Equipment Sdn Bhd, a subsidiary of TechnipFMC. Limbayong is an oil and non-associated gas field located 120 km offshore Sabah in water depths of between 900 and 1200 m. The field consists of 10 deepwater wells which tie back to the project’s FPSO unit while the subsea system is made up of SURF. The project will pave the way for the development of the surrounding prospects within 18 to 30 km of its vicinity.

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