Subsea 7 wins Egyptian offshore contract - OFFSHORE SUPPORT JOURNAL

Thu 24 Nov 2016

Subsea 7 has won a substantial contract to install subsea systems and pipelines on the Atoll project offshore Egypt

Some of the predicted contract awards for offshore construction and support vessels in the Eastern Mediterranean are starting to materialise. There has been great expectation recently that large gas discoveries in the region will result in new contracts for subsea construction companies and supporting vessels. In November, one of the first of the expected contracts was awarded.

Subsea 7 gained a substantial order for offshore construction work in Egypt. It gained the contract from Pharaonic Petroleum Co, an affiliate of BP, for subsea engineering, procurement, construction and installation work on the Atoll project. Subsea 7 will be responsible for installing more than 40km of rigid pipelines and associated structures for the new Atoll field. The water depths for the installation work range from 100m to 900m. Subsea 7 will also be tying these pipelines into the existing Taurt field facilities, which are in water depths of 100m, and installing 105km of umbilicals to connect subsea wells on the Atoll field.

Subsea 7 expands offshore Egypt backlog - OFFSHORE MAGAZINE

NOVEMBER/10/2016

Offshore staff

LUXEMBOURG – Subsea 7 has completed offshore operations on the fasttrack East Nile Delta project in the Egyptian sector of the Mediterranean Sea.

During 3Q, the Seven Borealis was engaged in pipelay for the first phase of the West Nile Delta project.

Last month, Subsea 7 secured an [EPCI] contract for the Atoll project in the same area, lifting the total value of its contract awards offshore Egypt over the past 18 months to almost $1.8 billion.