TechnipFMC has been awarded a major integrated Engineering, Procurement, Construction, Transport and Installation (iEPCI) contract by Eni for the Merakes project, located off the coast of Balikpapan in Indonesia, at a depth of approximately 1.500 meters.

TechnipFMC said on Monday that the contract is worth between $500 million and $1 billion and that it covers five deepwater wells, and their 50-kilometer return to the existing Jangkrik Floating Production Unit in Indonesia. It is worth remembering that Eni started gas production from the Jangkrik development project in May 2017.

The company's project scope includes engineering, procurement, installation and pre-commissioning of subsea equipment such as subsea trees, high pressure flexible piping, umbilical tubes and distribution hardware, flexible risers, flow lines and jumpers.

Arnaud Piéton, President Subsea at TechnipFMC commented: “This award demonstrates our leadership at iEPCI: an example of how through collaboration and engagement with our customer, we are simplifying subsea field architecture, enabling long tie-backs and accelerating time to entry. in the market. production, all important drivers for Eni and Indonesia. ”

The Merakes field, which is located in the East Sepinggan PSC in the Makassar Strait on the east coast of Kalimantan, is estimated to have around 2 trillion cubic feet of lean gas in place.

Eni received a Development Plan (POD) approval for the Merakes field from the Indonesian Ministry of Energy in April 2018, just three months after submitting the plan and less than eleven months after Eni started production on its asset. in Indonesia, the Jangkrik field complex in Muara Bakau's PSC.

In December 2018, Eni's investment plan for the Merakes field was authorized by the company's board of directors.

Eni is the operator of the East Sepinggan Contract Area through its subsidiary Eni East Sepinggan Limited, which owns 85% of the participating capital, while PT Pertamina Hulu Energi East Sepinggan owns the remaining 15% interest.