Subsea 7 has been awarded a contract by BP, and partner DEA for the development of the Giza, Fayoum and Raven subsea fields offshore Alexandria, Egypt.
The contract is worth in excess of $750million.
This is the second phase of the West Nile Delta project, where the field development will be at depths of up to approximately 800 metres.
The contract scope includes engineering, procurement, installation and pre-commissioning of the subsea infrastructure from 12 wells, with 80 kilometres of umbilicals and 220 kilometres of pipelines.
It also includes the installation of the export lines from the subsea location to the Idku terminal.
Engineering and project management work will commence immediately and is being carried out Subsea 7’s Global Projects Centre in London.
Offshore installation is scheduled to commence in two stages beginning in 2017
Subsea 7 vessels Seven Borealis and Seven Antares will be used for the pipelay, with the heavy construction vessel, Normand Oceanic, being used for the other construction activities.
Executive vice president Øeyvind Mikaelsen, said: “Our early engagement on this project has enabled BP and Subsea 7 together with DEA to develop an optimised solution for the development of the Giza, Fayoum and Raven fields and demonstrates the effective collaboration between us.”