TechnipFMC Wins iEPCI Contract for PETRONAS Limbayong Deepwater Project

15 September 2026
Edited By: Haley McQueen

TechnipFMC has announced that its subsidiary, FMC Wellhead Equipment Sdn. Bhd., has been awarded a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI®) contract by PETRONAS Carigali Sdn. Bhd. (PETRONAS) for the Limbayong deepwater project offshore Malaysia. This greenfield development will benefit from both our Subsea 2.0® configure-to-order (CTO) platform and iEPCI® execution of the entire subsea scope, reducing project cycle time on the fast-track development.

(Image credit: TechnipFMC)

Jonathan Landes, President, Subsea at TechnipFMC, commented: “This award builds on a continued relationship with PETRONAS. Through our integrated approach and Subsea 2.0® CTO platform, we can provide a unique solution focused on improving project economics, accelerating delivery and enhancing project execution for Malaysia’s offshore energy sector.”

For TechnipFMC, a “significant” contract is between $75 million and $250 million. This award will be included in inbound orders in the third quarter of 2026.