Subsea 7 has won a contract from to deliver umbilicals and pipeline installation to a project in Egypt.
The project scope for the development of the East Nile Delta Phase 3 Project (END-3) includes installation engineering, procurement and fabrication of rigid spools, and
installation of pipeline, umbilical and subsea structures to develop two wells including 8km of umbilicals and pipeline.
The field development will be at depths of approximately 80 to 90 metres.
The value of the deal, with Pharaonic Petroleum, was described by Subsea 7 as “sizeable” – which its defines as being between $50-$150million.
Fabrication of spools will be carried out at Petrojet’s yard in Egypt. Offshore installation is scheduled to commence in the fourth quarter of 2015 using the Subsea 7 vessels Rockwater 2 and Seven Borealis.
Vice president Gilles Lafaye, said: “Subsea 7 is pleased to once again provide services for the Taurt and Ha’py field developments. This important award recognises our technical expertise and strong track record of good execution for Pharaonic Petroleum Company and reinforces our presence