Continental Focus, International Reach

Subsea 7 Wins Egypt Gig

Thursday, August 6, 2015

Subsea 7 has been awarded a new contract in Egypt from BP and RWE. The scope of the contract covers the engineering, procurement, installation, and pre-commissioning of subsea infrastructure required to develop resources from nine wells. The company will be working on BP and RWE’s Taurus and Libra fields offshore Alexandria.

The work will call for 75 km of umbilicals and 100 km of pipeline.

Fabrication of the subsea structures and spools would be carried out at the Petrojet Maadia yard near Alexandria.

The offshore installation is scheduled to begin in H2 2016 using the Subsea 7 pipelay vessel — Seven Borealis and heavy construction vessel Seven Arctic.

The contract is worth $500 million.


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