Kuala Lumpur, 2 June 2021 – PETRONAS Carigali Sdn Bhd (PCSB) has awarded the Engineering, Procurement, Construction, Installation and Commissioning contract for subsea production system, Umbilical, Riser and Flowline (SURF) for its Limbayong Deepwater Development Project to FMC Wellhead Equipment Sdn Bhd, a subsidiary of TechnipFMC.
A virtual signing ceremony was held today to commemorate the award of the contract. PETRONAS was represented by its Executive Vice President and Chief Executive Officer of Upstream Adif Zulkifli, Senior Vice President of Malaysia Petroleum Management Mohamed Firouz Asnan, Vice President of Malaysia Assets Bacho Pilong, Vice President of Group Procurement Freida Amat, and Senior General Manager of Procurement Project, Operations & International Noor Mohamad Taj Mohammed. TechnipFMC was represented by its Chairman and Chief Executive Officer Doug Pferdehirt, President of Subsea Business Jonathan Landes, Vice President Subsea Project & Asia Pacific Christophe Dieumegard, Vice President Commercial Asia Pacific Torfinn Akselsen and Key Account Director Nina Adrianna Ramli.
Adif said, “The Limbayong project is aligned with PETRONAS’ three-pronged growth strategy to expand our resource base. We hope the project, which is PCSB’s first deepwater development undertaking in Malaysia, will give confidence and invite potential investors to collaborate further in maturing the country’s deepwater resources. Apart from monetisation, Limbayong will be a platform to enhance our internal capabilities in preparing for the next deepwater projects not only in Sabah but also in other regions.”
Limbayong is an oil and non-associated gas field located 120 kilometres offshore Sabah in water depths of between 900 and 1,200 metres. The field consists of 10 deepwater wells which tie back to the project’s Floating Production Storage and Offloading unit while the subsea system is made up of SURF.
The project will pave the way for the development of the surrounding prospects within an 18 to 30 kilometres of its vicinity. This will subsequently translate into more opportunities and economic spin-offs for the local support industry.
