TechnipFMC has been awarded a significant integrated engineering, procurement, construction and installation (iEPCI) contract by Woodside Energy Ltd. on April 20 for the development of the Lambert Deep and Phase 3 of the Greater Western Flank fields, located offshore Northwestern Australia.
TechnipFMC will design, manufacture, deliver and install subsea equipment including subsea production system, flexible flowlines and umbilicals for connection to the Angel platform.
This is the second contract under the recently announced five-year iEPCI frame agreement between TechnipFMC and Woodside.
“We are delighted to have been awarded another iEPCI project through our frame agreement with Woodside. This is Woodside’s second consecutive award adopting our Subsea 2.0 platform, confirming our common ambition to transform subsea economics through integration, standardization and configurability,” Arnaud Pieton, president subsea at TechnipFMC, said.
The Angel platform is located about 120 km north-west of Karratha and is connected to the North Rankin Complex via a 50 km subsea pipeline.
For TechnipFMC, a “significant” contract is between $75 million and $250 million.
Recommended Reading
Freeport LNG’s Slow Restart Stokes Concern Over Supply Risk
2024-07-23 - The 15-mtpa Freeport LNG facility remains under the spotlight of the global market as it slowly resumes operations after pausing ahead of Hurricane Beryl’s arrival along the U.S. Gulf Coast.
KKR in Exclusive Talks to Buy Eni's Biofuel Unit for Up to $13.6B
2024-07-23 - KKR enters exclusive talks to buy stake in Eni's biofuel unit although the Italian energy producer said the global investment firm was not the only potential buyer.
NatGas Purgatory: US Gas Spot Prices Hit Record Lows in 1H24—EIA
2024-07-22 - Facing record-low commodity prices, U.S. dry gas producers have curtailed production and deferred new completions in the first half of 2024.
Sempra Infrastructure Contracts with Bechtel for Port Arthur LNG Phase 2
2024-07-22 - Sempra Infrastructure has entered into a fixed-price engineering, procurement and construction contract with Bechtel at Sempra’s Port Aurther LNG Phase 2 project.
Chesapeake Stockpiles DUCs as Doubts Creep in Over Southwestern Deal
2024-05-02 - Chesapeake Energy is stockpiling DUCs until demand returns through growth from LNG exports, power generation and industrial activity.