TechnipFMC has secured an integrated engineering, procurement, construction and installation (iEPCI) contract from Energean for its Katlan development in the Mediterranean Sea.
The contract is valued at between $500 million and $1 billion.
This is Energean’s first project to use TechnipFMC’s configure-to-order Subsea 2.0 production systems.
The award follows an integrated FEED study by TechnipFMC, which the company said optimized the commercial and technological solution for the field. The contract covers the design, manufacture and installation of the production systems, pipe, umbilicals and subsea structures.
The subsea infrastructure will tie back to the Energean Power FPSO, which currently serves the Karish and Karish North developments. TechnipFMC also delivered fully integrated subsea systems using its iEPCI execution model for both of these developments.
