FMC signs $720m Subsea Systems Contract for Jangkrik Project in Indonesia


FMC signs $720m Subsea Systems Contract for Jangkrik Project in Indonesia

FMC Technologies, Inc. a technology solutions provider for the energy industry has been selected by Eni S.p.A.'s subsidiary Eni Muara Bakau BV for $720 million contract to provide subsea systems for the deepwater Jangkrik complex development in the located off East Kalimantan, Indonesia.

The exact location of the development is in the Muara Bakau PSC in Makassar Straits off East Kalimantan approximately 70 kilometers from Balikpapan.

In accordance with the contract, FMC will supply operator Eni with subsea trees, manifolds, jumpers and connection systems, umbilicals, tooling and associated topside and subsea controls systems.

"The order has an estimated value of $720 million in revenue if the full scope of the award is called off," said a representative of FMC Technologies.

FMC Technologies, Inc. is a leading international provider of technology solutions for the energy industry. As one of the World's Most Innovative Companies in 2013, according to the Forbes® Magazine, the company designs, manufactures and services technologically advanced systems and products such as subsea production and processing systems, surface wellhead systems, high pressure fluid control equipment, measurement solutions, and marine loading systems for the oil and gas industry.

A consortium consisting of Saipem S.p.A.'s unit PT Saipem Indonesia, PT Tripatra Engineers and Constructors, Chiyoda Co. Ltd.'s subsidiary PT Chiyoda International Indonesia and Hyundai Heavy Industries Co. Ltd. will execute the design, procurement, construction and installation a Floating Production Unit (FPU) at the site.

On the other hand, a joint venture between PT Technip Indonesia-Technip Geoproduction (M) Sdn Bhd - both part of France's Technip - has been chosen by the developer to construct, procure and install onshore receiving facilities, pipelines and other supporting equipment.

Moreover, PT FMC Santana Petroleum Equipment Indonesia has been selected for engineering and construction of subsea production systems, control systems and support equipment for the Jangkrik Complex project.

Prior to the announcement of the award, Indonesia's upstream energy regulator SKK Migas appointed firms to develop the $4.1 billion Jangkrik and Jangkrik North East project, which is the country's first deepwater development.  

Photo: Subsea World