Petronas confirmed the contract award to TechnipFMC for the engineering, procurement, construction, installation, and commissioning for a subsea production system, umbilical, riser, and flowline (SURF) for its Limbayong deepwater development, offshore Malaysia.
A virtual signing ceremony was held Tuesday to commemorate the award of the contract to FMC Wellhead Equipment Sdn Bhd, a subsidiary of TechnipFMC.
Petronas’ Executive Vice President and Chief Executive Officer of Upstream Adif Zulkifli:”The Limbayong project is aligned with Petronas’ three-pronged growth strategy to expand our resource base. We hope the project, which is PCSB’s first deepwater development undertaking in Malaysia, will give confidence and invite potential investors to collaborate further in maturing the country’s deepwater resources. Apart from monetization, Limbayong will be a platform to enhance our internal capabilities in preparing for the next deepwater projects not only in Sabah but also in other regions.”
Limbayong is an oil and non-associated gas field located 120 kilometers offshore Sabah in water depths of between 900 and 1,200 meters. The field consists of 10 deepwater wells which tie back to the project’s Floating Production Storage and Offloading unit while the subsea system is made up of SURF.