TechnipFMC Secures Significant iEPCI Contract in Australia

TechnipFMC Secures Significant iEPCI Contract in Australia

TechnipFMC has secured an Engineering, procurement, Construction, and Installation (iEPCI™) contract awarded by Woodside Energy to support the ongoing production of Pluto liquefied natural gas LNG Project in Australia.

The contract entailed TechnipFMC to design, manufacture, and install the subsea production system, flexible pipe, and umbilicals for the Xena Infill well (XNA03) to support ongoing production from the Pluto LNG Project. The award follows an integrated front end engineering design (iFEED™) study, the company stated on Monday.

The company will utilize its Subsea 2.0® production system in the project. Moreover, Xena Phase 3 will be tied back to existing subsea infrastructure previously supplied by TechnipFMC.

“We are proud to be delivering a fully integrated project from concept to execution. This project will help our long-term client meet their objectives, demonstrating the favorable impact iFEED™, iEPCI™, and Subsea 2.0® can have on project economics,” said Jonathan Landes, President, Subsea at TechnipFMC.

The contract is the latest call-off on the framework agreement between Woodside Energy and TechnipFMC.

TechnipFMC did not disclose the exact value of the contract but defines it as ‘significant’ to be in the range of $75 million and $250 million. The company noted that the order will be included in its inbound orders for the second quarter of 2024.

Pluto LNG processes gas from the Pluto and Xena gas fields offshore Western Australia. Gas is piped through a 180 km trunkline to a single onshore LNG-processing train, according to Woodside.

Woodside is developing a brownfield expansion of Pluto LNG through the construction of a second gas processing train. Pluto Train 2 will have a capacity of about 5 million metric tons per year (mmtpa), Woodside reports.

 

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