22/04/2020 - 12:25

TechnipFMC wins Woodside work

22/04/2020 - 12:25

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Woodside Petroleum has chosen London-based contractor TechnipFMC to develop the Lambert Deep and Greater Western Flank 3 project, in a contract worth up to $US250 million.

Woodside's Angel platform is linked to the Karratha Gas Plant. Photo: Woodside

Woodside Petroleum has chosen London-based contractor TechnipFMC to develop the Lambert Deep and Greater Western Flank 3 project, in a contract worth up to $US250 million.

Woodside gave the go-ahead for GWF3 and Lambert Deep in January, which will include four production wells tied back to the Angel platform, which is part of the North West Shelf Venture.

Work is expected to start in the March quarter of 2021.

TechnipFMC’s contract covers engineering, procurement, construction and installation.

The company will design, manufacture, deliver and install subsea equipment including subsea production system, flexible flowlines and umbilicals for connection to the Angel platform.

It is the second deal under an ongoing EPCI frame agreement between the two companies.

TechnipFMC did not disclose the value of the contract but said it was between $US75 million and $US250 million.

“This is Woodside’s second consecutive award adopting our Subsea 2.0 platform, confirming our common ambition to transform subsea economics through integration, standardization and configurability,” TechnipFMC president subsea Arnaud Pieton said.

In October, TechnipFMC was selected for EPCI work at Woodside’s Pyxis and Xena fields, which tie back into Pluto.

More broadly however, project work in oil and gas is slowing up, with Woodside delaying a final investment decision on Scarborough and Pluto Train 2, and Santos unlikely to proceed on Barossa this year.

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