LUXEMBOURG – BP has awarded Subsea 7 a $500-million contract for the subsea development of the Taurus and Libra fields offshore Egypt.
This represents the first phase of the West Nile Delta project in water depths of around 800 m (2,624 ft).
Subsea 7 will be responsible for engineering, procurement, installation, and pre-commissioning of subsea infrastructure for nine wells, including 75 km (46.6 mi) of umbilicals and 100 km (62 mi) of pipeline.
It will manage the program from its Global Projects Centre in London, with fabrication of the subsea structures and spools to be performed at the Petrojet Maadia yard near Alexandria.
Offshore installation is expected to start during the second half of 2016 using the pipelay vessel Seven Borealis and the heavy construction vessel Seven Arctic.
Elsewhere, Subsea 7 has completed installation of bundles and pipelines for the Talisman-operated Montrose project in the UK central North Sea, and has started pipelay for Premier’s Catcher project in the same sector.