TechnipFMC bags Woodside gig worth up to $250 million

TechnipFMC said it had secured a subsea contract from Australian LNG player Woodside worth up to $250 million to support ongoing production from Woodside’s Pluto LNG terminal.

The company said in a statement the “significant” integrated engineering, procurement, construction, and installation (iEPCI) contract is valued between $75 million and $250 million.

Under the contract, TechnipFMC will design, manufacture, and install the subsea production system, flexible pipe, and umbilicals for the Xena Infill well (XNA03) to support ongoing production from the Pluto LNG project.

The project will use the company’s Subsea 2.0 production system.

Xena Phase 3 will be tied back to existing subsea infrastructure previously supplied by TechnipFMC, it said.

The Pluto LNG terminal in Karratha, Western Australia currently has one train with a capacity of 4.9 mtpa, and it processes gas from the offshore Pluto and Xena gas fields in Western Australia.

Gas is piped through a 180 km trunkline and Pluto LNG is underpinned by long-term sales agreements with Kansai Electric and Tokyo Gas, which each hold a 5 percent interest in the project.

In November 2021, Woodside took a final investment decision on the Scarborough and Pluto LNG Train 2 developments worth about $12 billion.

Woodside and US engineer Bechtel started building the second Pluto train with a capacity of 5 mtpa in 2022.

Also, Pluto Train 2 will get gas from the Scarborough gas field, located about 375 km off the coast of Western Australia, through a new trunkline long about 430 km.

Woodside previously also completed the Pluto–KGP Interconnector, a pipeline connecting Pluto LNG and the Karratha gas plant.

The infrastructure allows the transfer of gas between the plants to optimize production across both facilities and enable future development of additional gas reserves.

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