TechnipFMC has been awarded a substantial integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract from Lundin Norway for the Luno II and Rolvsnes development, located in the North Sea at a water depth of 110 metres.
The contract covers the delivery and installation of subsea equipment including umbilicals, rigid flowlines, flexible jumpers and subsea production systems.
Arnaud Piéton, President Subsea at TechnipFMC, comments, “This award demonstrates our leadership position in iEPCI™ for complete subsea developments. Our strong value proposition builds on early involvement and integrated solutions. By simplifying subsea field architecture, we help our clients improve their project economics. We are honoured that Lundin Norway is embracing our innovative and comprehensive solutions, engaging with us early through iFEED™ (integrated FEED) studies and realising the full scope through an integrated EPCI, finding within TechnipFMC all the architects, the competencies, the equipment and services necessary to support this project.”
Note: For TechnipFMC, a “substantial” contract ranges between USD 250 million and USD 500 million.