Subsea 7 Wins $500K Contract
Posted: 5/08/2015 5:00:00 AM
Mining Oil and Gas Jobs
Filed under: Oil-and-gas
The contract has been made between Subsea 7, BP and BP's partner in the project DEA and has an estimated value of somewhere in the region of US$500 Million.
Subsea 7 were chosen for the project as a result of their strong expertise in undertaking deep projects with the West Nile Delta project expected to be at depths in the region of 800 metres.
A company spokesperson said "The contract scope includes the engineering, procurement, installation and pre-commissioning of subsea infrastructure required to develop the hydrocarbon resources from nine wells including 75 kilometres of umbilicals and 100 kilometres of pipeline."
They added "The engineering and project management work will start immediately and will be undertaken at Subsea 7's Global Projects Centre in London. Fabrication of the subsea structures and spools will be carried out at the Petrojet Maadia yard near Alexandria."
Furthermore, offshore installation is scheduled to start in the second half of 2016 using the Subsea 7 pipelay vessel, Seven Borealis, and heavy construction vessel, Seven Arctic.
An official spokesperson from Subsea 7 said "This large contract awarded by BP for the first phase of the West Nile Delta field development recognises the value we bring to our clients through early engagement with them to engineer, design and deliver cost-effective solutions for complex field developments. We look forward to expanding our presence in Egypt and building on our long, successful and collaborative relationship with BP."
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