Subsea 7 wins Egyptian contract

Subsea 7

Subsea 7 has announced the award of a contract from Pharaonic Petroleum Company SAE for the development of the East Nile Delta Phase 3 Project (END-3).

The project scope includes installation engineering, procurement and fabrication of rigid spools, and installation of pipeline, umbilical and subsea structures to develop the resources from two wells including 8km of umbilicals and pipeline. The field development will be at depths of approximately 80m to 90m.

Fabrication of spools will be carried out at Petrojet’s yard in Egypt. Offshore installation is scheduled to commence in the fourth quarter of 2015 using the Subsea 7 vessels Rockwater 2 and Seven Borealis.

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