Following Woodside’s announcement on 17 October of taking a final investment decision for the Pyxis Hub Project, comprising the subsea tieback of the Pyxis, Pluto North, and Xena 2 infill wells, TechnipFMC said it was awarded a “significant” integrated engineering, procurement, construction, and installation (EPCI) contract by Woodside for the development of the Pyxis and Xena fields, located offshore North West Australia.
TechnipFMC will design, manufacture, deliver, and install subsea equipment including subsea production system, flexible flowlines, and umbilicals.
This contract is the first call-off under the recently executed 5-year EPCI frame agreement between TechnipFMC and Woodside. The agreement allows collaborative development of projects for Woodside through early engagement and utilization of TechnipFMC integrated execution solutions.
Arnaud Piéton, president subsea at TechnipFMC, said, “We are very pleased to have signed a 5-year frame agreement with Woodside that leads to this first contract under this agreement. This iEPCITM contract combines our integrated subsea solution with our Subsea 2.0 products and illustrates TechnipFMC’s complete offering. We value our long-term, collaborative relationship with Woodside and are committed to bring the best in the execution of this project.”
For TechnipFMC, a “significant” contract is between $75 million and $250 million.