TechnipFMC subsidiary FMC Wellhead Equipment Sdn. Bhd. won an integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract from PETRONAS Carigali Sdn. Bhd. The award supports the Limbayong deepwater project located offshore Malaysia.
The contract is valued between $75 million and $250 million. TechnipFMC will include the order in its inbound orders for the third quarter of 2026.
The project will utilize the Subsea 2.0 configure-to-order platform to optimize economics and delivery. Jonathan Landes, President of Subsea at TechnipFMC, stated the deal strengthens their partnership with PETRONAS to provide integrated solutions for Malaysia’s offshore sector.