TechnipFMC to proceed with Santos Barossa project offshore Australia
27 April 2021
TechnipFMC has announced it has received a Notice to Proceed for a significant (between $75 million and $250 million) subsea production system contract from Santos Ltd. (ASX: STO) for the Barossa project, located 300 kilometres north of Darwin, Australia, at a water depth of approximately 130 metres.
The contract scope covers the supply of subsea trees and associated control systems, manifolds and wellheads, as well as installation and commissioning support, which will help to extend the life of the existing Darwin LNG facility.
Jonathan Landes, President Subsea at TechnipFMC, commented: "We are very pleased to have been selected as a subsea partner for the Barossa project. This important award strengthens our relationship with Santos and further demonstrates our commitment to assist in the development of the Australian energy sector.”