TechnipFMC's subsidiary FMC Wellhead Equipment Sdn. Bhd. has received a significant integrated Engineering, Procurement, Construction and Installation contract from PETRONAS Carigali Sdn. Bhd. for the Limbayong deepwater project offshore Malaysia. TechnipFMC classifies significant contracts as those valued between $75 million and $250 million, and while the exact value was not disclosed, the award falls within that range. The company expects to recognize the award in its inbound orders in the third quarter of 2026. The greenfield development will use TechnipFMC's Subsea 2.0 configure-to-order platform, with the company providing iEPCI execution for the entire subsea scope. Jonathan Landes, president of Subsea at TechnipFMC, said the contract builds on the company's continued relationship with PETRONAS and that the integrated approach and Subsea 2.0 platform are aimed at improving project economics, accelerating delivery and enhancing project execution.
TechnipFMC PLCTechnipFMC's subsidiary won a significant iEPCI contract from PETRONAS for the Limbayong deepwater project, to be booked in Q3 2026 inbound orders.
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