This news is classified in: Traditional Energy Oil and Gas
Mar 25, 2019
TechnipFMC has been awarded a large(1) integrated Engineering, Procurement, Construction, Transportation and Installation (iEPCI™) contract by Eni for the Merakes project, located offshore Balikpapan Indonesia, at a water depth of approximately 1,500 meters.
This contract covers five deepwater wells, and their 50-kilometer tie back 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.
Arnaud Piéton, President Subsea at TechnipFMC commented: “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., We are proud to count Eni as a client for iEPCITM and honored to help them in developing these resources through our integrated approach and to support the Indonesian expansion.”
Forecasts by (Type/Class, Work-class, Observation-class, Intervention-class), by Industry (Oil and Gas, Offshore Wind, Defence, Research and Surveying , Others), by Application (Construction Support, Drilling Support, Inspection, Repair, and Maintenance (IRM), Others), by Depth (Less than 5,000 Feet, 5,000-10,000 Feet, Above 10,000 Feet), by Payload (Less than 200 kg, 201-300 kg, Above 300 kg), by Weight (OCROV (up to 91 kg), MSROV (91 kg to 907 kg), WCROV (Above 907 kg)), by Function (Intervention, Crawler, Pipelay, Trenching, Others) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis
Download free sample pages(1)For TechnipFMC, a “large” contract is between $500 million and $1 billion.