TechnipFMC wins iEPCI contract for Merakes offshore gas project

  • Mar 25, 2019
  • Offshore Technology

TechnipFMC has received a contract from Eni to deliver integrated engineering, procurement, construction, transportation and installation (iEPCI) services for the Merakes gas project, located offshore Indonesia.

The Merakes gas field is situated in the East Sepinggan production sharing contract (PSC) offshore East Kalimantan in the Makassar Strait at a water depth of around 1,500m. Eni, through its subsidiary East Sepinggan, holds an 85% participating interest in the East Sepinggan Contract Area.

The iEPCI contract will include five deepwater wells, and a 50km tie back to the existing Jangkrik floating production unit (FPU) in Indonesia. Although the specific value of the contract was not revealed, TechnipFMC indicated that it is in the range of $500m-$1bn.

Under the terms of the contract, TechnipFMC will provide engineering, procurement, installation and pre-commissioning of subsea equipment. The equipment comprises subsea trees, a manifold, large bore deepwater high-pressure flexible lines, umbilicals and distribution hardware, flexible risers, flowlines and jumpers.

TechnipFMC Subsea president Arnaud Piéton said: “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 iEPCI and honoured to help them in developing these resources through our integrated approach and to support the Indonesian expansion.”

In December 2018, Eni made a deepwater gas discovery at the Merakes East prospect. The company encountered 15m of gas bearing net sands in two distinct levels of Miocene Age.