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Subsea 7 secure field development contract offshore Egypt

Friday, 26 February 2016 12:30

Subsea 7 on Friday announced that it has been granted a major contract by BP and partner Deutsche Erdoel AG (DEA), for the development of the Giza, Fayoum and Raven subsea fields offshore Alexandria, Egypt.

The contract is the phase 2 of the West Nile Delta project, where the field development will be at a depths of approximately 800 metres.

The contract includes engineering, procurement, installation and pre-commissioning of the subsea infrastructure from twelve wells, with 80 km of umbilical and 220 km of pipelines. It also consist of the installation of the export lines from the subsea site to the Idku terminal.

According to the company, Engineering and project management activities will begin instantly and will be carried out at Subsea 7's Global Projects Centre in London. Offshore installation is to begin in two phase. The first phase will begin in 2017, while the second stage, will start in 2018.

This major contract awarded by BP recognizes our performance during the first phase of the West Nile Delta project and allows us to deliver synergies across multiple work packages. Our early engagement on this project has enabled BP and Subsea 7 together with DEA to develop an optimized solution for the development of the Giza, Fayoum and Raven fields and demonstrates the effective collaboration between us. We look forward to consolidating our presence in Egypt and building on our long and successful relationship with BP,” Øeyvind Mikaelsen, Executive Vice President Southern Hemisphere and Global Projects told Engineering news.

Anita Fatunji 

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
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