McDermott Secures Major EPCIC Contract for Gas Project
McDermott continues to strengthen its foothold in the robust subsea market of Asia, recently announcing a significant subsea contract with PETRONAS Carigali Brunei Ltd. This project, designed for the engineering, procurement, construction, installation, and commissioning (EPCIC) of a natural gas development project, showcases the company’s commitment to enhancing energy resources offshore.
The contract pertains to a substantial conventional gas initiative in the region, representing a pivotal step in the local energy landscape. This project stems from McDermott's successful completion of the front-end engineering design (FEED), which included thorough engineering optimization and meticulous readiness planning.
Within this contract, McDermott will play a crucial role, delivering EPCIC services for an integrated subsea production system, complete with associated infrastructure such as umbilicals, risers, and flowlines. This important infrastructure will facilitate the connection of six wells to a floating production unit, enabling efficient natural gas recovery. Additionally, the gas export pipeline included in the project will supply vital feedstock to the local liquefied natural gas (LNG) sector, marking a significant advancement in energy sustainability.
Mahesh Swaminathan, Senior Vice President of Subsea and Floating Facilities at McDermott, remarked, "Transitioning from FEED to a full EPCIC award emphasizes our engineering excellence and our proven ability to tackle complex subsea projects throughout the region. We value our collaborative relationship with PETRONAS Carigali Brunei and their partners, working together to ensure this project is executed safely and effectively." This statement highlights McDermott’s commitment to partnership and quality in project execution.
Project management will be centralized from McDermott's engineering excellence center located in Kuala Lumpur, Malaysia. This hub will be reinforced by support teams from various McDermott offices and project sites, ensuring a well-coordinated execution of all project elements.
The target gas field is anticipated to establish a long-term supply of natural gas, fulfilling both domestic energy requirements and commitments to LNG exports. This development aligns with the growing demand for reliable energy sources across the globe, underscoring McDermott’s role in addressing these needs.
About McDermott
McDermott is a leading, fully-integrated provider of engineering and construction solutions within the energy sector. The company is recognized for its technology-driven strategy, which effectively harnesses and transforms global energy resources. From initial concept to final commissioning, McDermott employs its innovative capabilities to advance next-generation energy infrastructure, facilitating a more sustainable future. Operating across more than 30 countries, McDermott utilizes a diverse range of resources, including over 30,000 skilled employees and a specialized fleet of marine construction vessels and fabrication facilities.
For additional company information, please visit www.mcdermott.com.
Frequently Asked Questions
What is the scope of McDermott's new contract?
McDermott's new contract involves engineering, procurement, construction, installation, and commissioning for a natural gas development project offshore.
Who is partnering with McDermott on this project?
The project is in collaboration with PETRONAS Carigali Brunei Ltd., focusing on enhancing gas resources.
Where will the project management be established?
The project management will operate from McDermott's engineering center in Kuala Lumpur, supported by various project teams.
What long-term benefits does this project provide?
The project is expected to deliver a steady supply of natural gas, enabling Brunei to meet its domestic energy needs and LNG export commitments.
How does McDermott ensure project excellence?
McDermott emphasizes engineering excellence and strong collaboration, ensuring effective project execution and value for partners.
