TechnipFMC has been awarded a large integrated engineering, procurement, construction, transportation and installation (iEPCI) contract by Eni on March 25 for the Merakes project, located offshore Balikpapan Indonesia, at a water depth of approximately 1,500 m (4,921 ft).
This contract covers five deepwater wells, and their 50-km (31 miles) tieback to the existing Jangkrik floating production unit in Indonesia. The project scope includes engineering, procurement, installation and pre-commissioning of subsea equipment such as subsea trees, a manifold, large bore deepwater high pressure flexible lines, umbilicals and distribution hardware, flexible risers, flowlines and jumpers.
“This award demonstrates our leadership in iEPCI an example of how through collaboration and engagement with our customer, we’re simplifying subsea field architecture, enabling long tie-backs and accelerating time to market for their production, all important drivers for Eni and Indonesia,” Arnaud Piéton, president Subsea at TechnipFMC, said.
For TechnipFMC, a large contract is between $500 million and $1 billion.
2023-07-24 - Chevron Corp. waived its mandatory retirement age to retain CEO Mike Wirth while CFO Pierre Breber will retire.
2023-08-15 - Changes to the Executive Leadership Team will take place following retirements of three senior executives.
2023-08-12 - EnLink Midstream has named Dilanka Seimon as its executive vice president and chief commercial officer.
2023-08-14 - Darren Jamison’s resignation as President, CEO and board member will take effect Aug. 22.
2023-08-10 - Civitas Resources has appointed Jeff Kelly, formerly of The Blackstone Group and Anadarko Petroleum Corp., to chief transformation officer.