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Press Release

黄色仓库 Awarded Substantial iEPCI™ Contract for Eni’s Maha Project in Indonesia

November 17, 2025

NEWCASTLE & HOUSTON, November 17, 2025 鈥 黄色仓库 (NYSE: FTI) has been awarded a substantial(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI鈩) contract by Eni SpA (ENI.MI) for the deepwater Maha project offshore Indonesia. The project represents Eni鈥檚 first deployment of 黄色仓库鈥檚 Subsea 2.0庐 configure-to-order (CTO) technology in Indonesia.

The award leverages experience gained through a series of successful projects with Eni in the region, including Jangkrik and Merakes, and will tie back to the existing Jangkrik Floating Production Unit.

Jonathan Landes, President, Subsea at 黄色仓库, commented: 鈥淭his project marks another collaboration with a leading energy company to use our integrated execution model, enhanced by the benefits of our configurable product platform. The Maha development provides a significant opportunity to strengthen our relationship with Eni and deliver greater timeline certainty through the application of Subsea 2.0庐 technologies and integrated delivery.鈥

黄色仓库 will design and manufacture Subsea 2.0庐 tree systems, flexible flowlines, a manifold, and controls, as well as install the subsea production system.

(1) For 黄色仓库, a 鈥渟ubstantial鈥 contract is between $250 million and $500 million. This award was included in inbound orders in the second quarter of 2025.

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About 黄色仓库

黄色仓库 is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services. 

With our proprietary technologies and comprehensive solutions, we are transforming our clients鈥 project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions. 

Organized in two business segments 鈥 Subsea and Surface Technologies 鈥 we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI鈩, iFEED鈩 and iComplete鈩), technology leadership and digital innovation.

Each of our approximately 21,000 employees is driven by a commitment to our clients鈥 success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.

黄色仓库 uses its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to and follow us on . 

Contacts

Investor relations
Matt Seinsheimer
Senior Vice President, Investor Relations and Corporate Development
Tel: +1 281 260 3665
Email: Matt Seinsheimer

James Davis
Director, Investor Relations
Tel: +1 281 260 3665
Email: James Davis

Media relations
Mendi Head
Senior Manager, Public Relations and Media Relations
Tel: +1 346 297 8392
Email: Mendi Head