Pharaonic Petroleum Company S.A.E has awarded Subsea 7, a subsidiary of Subsea 7S.A a project (worth between $50 million and $150 million) to develop the East Nile Delta Phase 3 Project (END-3) offshore Egypt.

END-3 which is to be at a depth of approximately 80 to 90 metres, entails engineering, procurement and fabrication of stiff spools, installation of 8 km of umbilical and subsea structures as well as pipeline.

The company plans to use Subsea 7 vessels Rockwater 2 and Seven Borealis during offshore installation which will commence in Q4 of 2015. “Subsea 7 is pleased to once again provide services for the Taurt and Ha'py field developments. This important award recognizes our technical expertise and strong track record of good execution for Pharaonic Petroleum Company and reinforces our presence in Egypt.” Gilles Lafaye, Vice President Africa at Subsea 7, told Energy-pedia.