Monday, June 6, 2016

Aker Solutions wins umbilicals order for Egypt's Zohr field - WORLD OIL

6/6/2016

OSLO, Norway -- Aker Solutions won a contract to deliver its longest-ever umbilicals system at the Zohr offshore gas field in the Egyptian part of the Mediterranean Sea.

The agreement with Petrobel in Egypt is worth more than NOK 1 billion and will be booked in the second quarter. It stipulates the delivery of 180 km of steel tube umbilicals that will connect the Zohr subsea development to an offshore control platform. Petrobel, a joint venture between The Egyptian General Petroleum Corporation (EGPC) and Eni, is responsible for the development and operations at Zohr.

"Aker Solutions is building on its previous experience offshore Egypt to now deliver its largest-ever umbilicals project," said Luis Araujo, CEO of Aker Solutions. "We are very pleased to support Petrobel and Egypt on this important development."

The work will be led by Aker Solutions' subsea division in Oslo, and manufacturing will start immediately at the umbilicals plant in Moss, Norway.

The umbilicals system will be delivered by mid-April 2017.

SOURCE