TechnipFMC Awarded Integrated EPCI (iEPCI™) Contract for the VNG Fenja ProjectSource: www.gulfoilandgas.com 12/19/2017, Location: Europe
TechnipFMC has been awarded an integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract from VNG Norge AS. The contract covers the provision of subsea equipment including umbilicals, risers, flowlines and the subsea production system for the Fenja Project (previously known as Pil & Bue). Fenja is located in the Norwegian Sea and will be tied back to the Njord platform.
Hallvard Hasselknippe, President of TechnipFMC’s Subsea Projects, commented: “This is TechnipFMC’s sixth iEPCI TM award and the largest one to date. It is also our first Major* integrated project award. We are grateful to VNG for being an early mover in embracing the iEPCI TM execution model and very happy to support their first E&P development as operator.
The Fenja project will have the longest Electrically Trace Heated (ETH) pipeline in the world at 37 km, and will benefit from multiple TechnipFMC product groups and engineering locations.” *For TechnipFMC, a “major” contract is above USD250 million.
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