TechnipFMC has secured a substantial integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract from Eni SpA for the deepwater Maha project offshore Indonesia.
TechnipFMC announced a significant business win today, securing a substantial iEPCI™ (integrated Engineering, Procurement, Construction, and Installation) contract from Italian energy major Eni SpA. This pivotal agreement centers on the deepwater Maha project located offshore Indonesia. For TechnipFMC, a "substantial" contract is categorized as being valued between $250 million and $500 million. This substantial award was already included in the company's inbound orders for the second quarter of 2025.
The Maha project is particularly noteworthy as it represents Eni’s first deployment in Indonesia of TechnipFMC’s Subsea 2.0® configure-to-order (CTO) technology. Subsea 2.0 is TechnipFMC’s standardized, modular product platform designed to make subsea projects simpler, leaner, and smarter. By using standardized components and configurable designs, this technology platform reduces the time and cost associated with subsea hardware manufacturing and delivery, offering greater project certainty and potentially accelerating the timeline to first gas or oil.
The successful award builds upon a robust foundation of prior collaborations between the two companies in the region, specifically referencing the successful Jangkrik and Merakes projects. A key element of the Maha development is its plan to tie back to the existing Jangkrik Floating Production Unit (FPU). This synergy significantly reduces the required capital expenditure and development time by utilizing an established processing and export hub. The Maha field, located in the West Ganal PSC, is expected to produce approximately 200 million standard cubic feet per day (MMSCFD) of gas, helping to extend the operational life of the Jangkrik FPU.
Jonathan Landes, President, Subsea at TechnipFMC, commented on the strategic value of the contract. “This project marks another collaboration with a leading energy company to use our integrated execution model, enhanced by the benefits of our configurable product platform,” Landes stated.
Under the terms of the iEPCI™ contract, TechnipFMC will be responsible for a comprehensive range of services and equipment supply, streamlining the project delivery under a single contract. The work scope includes:
• Design and Manufacture of Subsea 2.0® tree systems.
• Production and supply of flexible flowlines, a manifold, and controls.
• Installation of the entire subsea production system.
The iEPCI™ model is TechnipFMC's signature integrated approach, combining the Subsea Production System (SPS) and Subsea Umbilicals, Risers, and Flowlines (SURF) scopes.
