French energy major TotalEnergies has awarded TechnipFMC and Saipem billions in contracts for its GranMorgu project in Block 58 offshore Suriname.
TechnipFMC’s contracted scope for the project includes Subsea 2.0 tree systems, manifolds, connectors, and topside control equipment. The company will also supply umbilicals, flexible jumpers, and flexible risers.
No precise financial details for the deal were revealed but since TechnipFMC claimed this was a ‘major’ deal, that means it is worth more than $1bn. This award will be included in inbound orders in the fourth quarter of 2024.
As for Saipem, its scope of work entails the engineering, procurement, supply, construction, installation, pre-commissioning, and assistance for the commissioning and start-up of the SURF package. The company said that the contract is worth $1.9bn.
This includes the EPCI of approximately 100 km of 10” to 12” subsea production flowlines, 90 km of 8” to 12” water and gas injection lines, and the transport and installation of flexible risers, umbilicals, and associated structures at water depths ranging from 100 to 1,100 m.
For the offshore campaign, taking place in 2027 and 2028, Saipem will deploy a combination of S-Lay and J-Lay vessels.
The full project, expected to last five years with first oil in 2028 is aimed at expanding the production of the block central area through a system of subsea wells connected to an FPSO set to be built by SBM Offshore. The contract will also contribute to the Italian firm’s overall fleet booking until 2028.
The GranMorgu project is located 150 km off the coast of Suriname and is the first oil and gas development off the country’s shores.
Energy News Beat