European contractor in pole position for Malaysian subsea prizeUK-headquartered contractor favourite for Petronas' deep-water Limbayong field development
UK-headquartered TechnipFMC is in pole position to secure the lucrative subsea engineering, procurement, construction, installation and commissioning prize for Petronas’ Limbayong oil and gas field development offshore Sabah, East Malaysia.
The EPCIC workscope is expected to comprise the subsea steel tube umbilicals, five-inch and seven-inch flexible risers and flowlines (SURF) package and subsea production system (SPS) with some 20 christmas trees and multiple manifolds.
Around 30 development wells had earlier been suggested for the flagship
Several sources with direct knowledge of the tender said that TechnipFMC had been selected from the three contractors or consortia that had been in the race.
“The decision [to award] was taken in mid-January,” one source told Upstream.
It is understood that, although a letter of intent has yet to be formally issued, the other two bidders have now fallen by the wayside.
Upstream has approached TechnipFMC for comment on being front-runner to scoop what will likely be Malaysia’s largest subsea prize in 2021, having a larger scope than even the deep-water Gumusut-Kakap project, also offshore Sabah.
The contractor in early 2018 landed the EPCIC award for Gumusut-Kakap Phase 2, which involved the supply and installation of equipment including the subsea production system, umbilicals and flowlines.
TechnipFMC had earlier performed parallel front-end engineering and design work, vying with Subsea 7 and Saipem that are said to have tied up with SPS players.
The Limbayong development includes the SURF package plus a gas export pipeline running about 60 kilometres to the existing shallow-water Kinabalu non-associated gas platform, KNGP-B, Upstream reported in May 2019.
A short pipeline to tie into the existing pipeline from PTTEP’s Kikeh floating production, storage and offloading vessel to the Labuan gas terminal is also planned.
Meanwhile, operator Petronas is reviewing the four technical and commercial bids that were submitted last week for the leased FPSO also required for the deep-water Limbayong project.
Three individual Malaysian contractors — MISC, Yinson and Sabah International Petroleum (SIP) — are in the fray, as is a grouping of local outfits MTC and Bumi Armada with Shapoorji of India.
The award of the Limbayong FPSO is expected in May or June.
Petronas is in the market for a floater capable of handling an initial 60,000 barrels per day of liquids, including 40,000 bpd of oil, plus about 18 million cubic feet per day of associated gas.
The vessel is expected to have nameplate storage capacity of 600,000 barrels of crude.
Limbayong's non-associated gas reserves have been placed at around 800 billion cubic feet.
Water depths at the field, which straddles blocks G, J and R offshore the state of Sabah, range to in excess of 1200 metres
-Global Upstream-
GK3 also tapao-ed by TFMC. Other SPS contractor sure angry la for not getting a piece of the action.
Feb 18 2021, 11:40 AM
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