FMC Technologies wins $720M Jangkrik field order
- Business & Finance
FMC Technologies, Inc. received an order from eni Muara Bakau BV to supply subsea systems for its deepwater Jangkrik Complex development offshore Indonesia.
The order has an estimated value of $720 million in revenue if the full scope of the award is called off. FMC Technologies’ scope of supply includes subsea trees, manifolds, jumpers and connection systems, umbilicals, tooling and associated topside and subsea controls systems.
The Jangkrik field is located in the Muara Bakau working area, in Makassar Straits offshore Kalimantan, Indonesia, approximately 44 miles (70 kilometers) from Balikpapan.