TechnipFMC Awarded Significant iEPCI™ Contract by Woodside Energy for Xena Phase 3 Development
TechnipFMC (NYSE: FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Woodside Energy (LON: WDS) in Australia.
- TechnipFMC (NYSE: FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Woodside Energy (LON: WDS) in Australia.
- 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.
- Xena Phase 3 will be tied back to existing subsea infrastructure previously supplied by TechnipFMC.
- (1) For TechnipFMC, a “significant” contract is between $75 million and $250 million.