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TechnipFMC bags subsea contracts for Reliance’s MJ1 field in India

TechnipFMC bags subsea contracts for Reliance’s MJ1 field in India

 

TechnipFMC has bagged subsea contracts from Reliance Industries for the MJ1 field located in the Krishna Godavari basin, offshore India.

The company did not disclose the exact values of the contracts but indicated that their total is in the range $75-$250m (£59.41-198.04m).

Role of TechnipFMC in the MJ1 field development

Under the contracts, TechnipFMC will be responsible for the fabrication and installation of flexible risers, rigid and flexible flowlines and umbilicals.

The deepwater MJ1 field, which is operated by Reliance Industries, is a high-pressure high-temperature gas field contained in water depths of 1,000-1,200m. The gas field will be connected to a new floating production storage and offloading facility.

TechnipFMC subsea president Arnaud Pieton said: “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.”

Last month, Reliance Industries and its partner BP sanctioned the MJ gas project, one of the three projects to be undertaken in the Krishna-Godavari Basin by the duo with a total investment of INR350bn (£3.96bn).

The MJ gas project will see the development of the MJ gas condensate field in Block KG D6 located off the east coast of India. The offshore gas field is contained in 700-1100m water depth, with a well depth of 4200m under mean sea-level.

In mid-2017, Reliance Industries and BP approved the development of ‘R-Series’ deep-water gas field and about a year later sanctioned the development of the Satellites cluster. The three offshore gas projects constitute the duo’s KG D6 integrated development campaign.

The projects, put together, will involve the development of a total of approximately three trillion cubic feet (tcf) of discovered gas resources. After their full development, the three offshore gas projects are expected to yield nearly a billion cubic feet a day of new domestic gas, with their commissioning to be phased between 2020 and 2022.

Published: 02-07-2019
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