TechnipFMC awarded new contracts by Woodside and Shell

PRESS RELEASE – TechnipFMC has been awarded a significant EPCI-contract by Woodside for the development of the Pyxis and Xena fields, located offshore North-West Australia. 

TechnipFMC will design, manufacture, deliver and install subsea equipment including subsea production system, flexible flowlines and umbilicals. This contract is the first call-off under the recently executed five-year EPCI Frame Agreement between TechnipFMC and Woodside. The Frame Agreement allows collaborative development of projects for Woodside through early engagement and utilization of TechnipFMC integrated execution solutions.

“We are very pleased to have signed a five-year Frame Agreement with Woodside that leads to this first contract under this agreement. This contract combines our integrated subsea solution with our Subsea 2.0 products and illustrates TechnipFMC’s complete offering”, says Arnaud Piéton, President Subsea at TechnipFMC.

The value of a “significant” contract for TechnipFMC typically lies somewhere between USD 75 million and 250 million.

New contract for Shell

Additionally, the company has also been awarded an EPCI-contract by Shell for the Perdido Phase 2 development, located in the Gulf of Mexico. This contract covers the delivery and installation of subsea equipment, including flexible flowlines, flexible jumpers, steel flying leads, electrical flying leads, and will utilize compact manifold technology.

TechnipFMC did not give any indication of the value of this contract.

Author: Adnan Bajic

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