TechnipFMC said has been awarded a major integrated Engineering, Procurement, Construction, Transportation and Installation (EPCI) contract from Italian energy giant Eni for the Merakes project, located offshore Balikpapan Indonesia, at a water depth of approximately 1,500 m.

A global leader in subsea, onshore/offshore, and surface projects, TechnipFMC said the contract - which is in the range of $500 million to $1 billion - covers five deepwater wells and their 50-km tie back to the existing Jangkrik Floating Production Unit in Indonesia.

The scope of work 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, it stated.

Arnaud Piéton, the president for subsea at TechnipFMC, said: "This award demonstrates our leadership in EPCI: an example of how through collaboration and engagement with our customer, we are simplifying subsea field architecture, enabling long tie-backs and accelerating time to market for their production, all important drivers for Eni and Indonesia."

"We are proud to count Eni as a client for EPCIT and honoured to help them in developing these resources through our integrated approach and to support the Indonesian expansion," he added.

In another development, Technip said it has clinched a significant subsea contract from Equinor for the Johan Sverdrup Phase 2 development, located in the Norwegian sector of the North Sea at a water depth of 120 m.

The contract - in the range of $75 to $250 million - covers the delivery and installation of the subsea production system including integrated template structures, manifolds, tie-in and controls equipment.

"We have collaborated closely with Equinor establishing a Strategic Collaboration Agreement in 2018. This joint engagement is leading to further value creation for both of us and for Equinor’s Johan Sverdrup Phase 2 Development," remarked Piéton.

"It reaches beyond the supply of subsea equipment, now encompassing its installation. We are very proud of this joint engagement and very pleased to work alongside Equinor for the Johan Sverdrup Phase 2 development," he added.-TradeArabia News Service