Installation in KG Basin’s MJ1 Field
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TechnipFMC has been awarded significant subsea contracts by Reliance Industries Limited for the MJ1 field located in deep water offshore India in the Krishna Godavari basin.
These contracts cover the fabrication and installation of flexible risers, rigid and flexible flowlines and umbilicals.
For TechnipFMC, a “significant” contract is between US$75 million and US$250 million; the total value of all contracts is also within this range, said a release on 1 July 2019.
Arnaud Pieton, President Subsea at TechnipFMC, commented: “We are very honored to be associated with this prestigious natural gas project leading to further value creation. These awards confirm the trust we have built over the long term with Reliance along the oil and gas value chain, reflecting both our commitment to the Indian market and our leadership in the energy transition domain, through subsea gas projects.”
The MJ1 field is operated by Reliance Industries. This high-pressure high-temperature gas field is located in water depths ranging between 1,000 and 1,200 meters and will be connected to a new Floating Production Storage and Offloading facility.
TechnipFMC is a global leader in subsea, onshore/offshore, and surface projects. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our clients’ project economics. fiinews.com