TechnipFMC has won an integrated engineering, procurement, construction and installation (EPCI) contract from Woodside Energy for the development of the Pyxis and Xena fields offshore Western Australia.
The contractor will design, manufacture, deliver and install subsea equipment, including subsea production system, flexible flowlines and umbilicals.
It is the first contract under a recently executed five-year EPCI frame agreement signed between the two companies.
The frame agreement allows for collaborative development of projects for Woodside through early engagement and utilisation of TechnipFMC’s integrated execution solutions.
TechnipFMC president subsea, Arnaud Piéton, said the company was pleased to have signed the five-year agreement, which has led to this contract.
“This iEPCI contract combines our integrated subsea solution with our Subsea 2.0 products and illustrates TechnipFMC’s complete offering,” Piéton said.
“We value our long-term, collaborative relationship with Woodside and are committed to bring the best in the execution of this project.”
While the dollar amount of the contract has not been disclosed, TechnipFMC considers a significant contract such as this to be valued between $75 million and $250 million.