TechnipFMC has secured an integrated engineering, procurement, construction and installation (EPCI) contract from VNG Norge.
The contract covers the provision of subsea equipment including umbilicals, risers, flowlines and the subsea production system for the Fenja Project located in the Norwegian Sea and will be tied back to the Njord platform.
“This is TechnipFMC’s sixth iEPCI award and the largest one to date. It is also our first major integrated project award. We are grateful to VNG for being an early mover in embracing the iEPCI execution model and very happy to support their first E&P development as operator. The Fenja project will have the longest Electrically Trace Heated (ETH) pipeline in the world at 37 km, and will benefit from multiple TechnipFMC product groups and engineering locations,” said Hallvard Hasselknippe, president of TechnipFMC’s subsea projects.
The total value of the contract is above $250m.