Subsea 7 has won a ‘sizeable’ offshore contract on the BP operated West Nile Delta development offshore Egypt, securing work for three vessels.
The news was announced Wednesday (30th Dec), by Subsea 7, as the company gave details of the work involved in the contract, worth in the region of US$50 – US$150 million.
The contract, awarded through Burullus Gas Company, will see Subsea 7 complete work on the first phase of the West Nile Development, including platform extension work and subsea tie-in, across both the Taurus and Libra fields.
All engineering will commence immediately, being spread across Subsea 7’s Cairo office and the company’s ‘Global Projects Centre’ in London.
All fabrication work will be conducted near Alexandria, at the Petrojet Maadia yard. Subsea 7 has been tasked with the fabrication of platform’s deck extension and all spools involved in the project.
Offshore construction work is scheduled to start in the second half of 2016. Subsea 7 will be utilising three vessels from their specialist fleet.
The diving vessel, Rockwater 2, will be used for accommodation and complete the main hook-up work.
Seven Borealis will be performing all heavy lift work during the platform extension phase of the project, whilst the Seven Arctic will install umbilicals.
Commenting on the award, Subsea 7 executive VP, Oeyvind Mikaelsen said: “This contract recognises the value we bring to our clients through early engagement to engineer, design and deliver cost-effective solutions for complex field developments.”
“We look forward to expanding our presence in Egypt and building a long, successful and collaborative relationship with Burullus.”