TechnipFMC Wins iEPCI Contract from PETRONAS
On September 15, 2026, TechnipFMC made a groundbreaking announcement regarding its subsidiary, FMC Wellhead Equipment Sdn. Bhd., being awarded a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI®) contract by PETRONAS Carigali Sdn. Bhd. for the Limbayong deepwater project offshore Malaysia.
Key Details of the Contract
TechnipFMC considers a contract “significant” when it falls within the range of $75 million to $250 million. This notable award will be reflected in the company’s inbound orders for the third quarter of 2026. The greenfield development project will leverage both the Subsea 2.0® configure-to-order (CTO) platform and the iEPCI® execution for the entire subsea scope. This strategic approach aims to streamline the project cycle time for this fast-track development.
Strategic Partnership with PETRONAS
Jonathan Landes, President of Subsea at TechnipFMC, expressed his enthusiasm about this recent achievement, emphasizing the longstanding collaboration with PETRONAS. By utilizing their integrated approach and the innovative Subsea 2.0® CTO platform, TechnipFMC aims to deliver a tailored solution that enhances project economics, accelerates delivery timelines, and improves project execution within Malaysia’s offshore energy sector.
This significant contract highlights TechnipFMC’s commitment to innovation and excellence in the marine industry, solidifying its position as a key player in driving advancements in offshore projects. This partnership with PETRONAS underscores the mutual dedication to advancing sustainable energy solutions and fostering growth within the industry.
By securing this prominent contract for the Limbayong deepwater project, TechnipFMC is poised to make a lasting impact on the offshore energy sector in Malaysia, setting a precedent for efficient project delivery and sustainable development in the region.
