Subsea 7 S.A. announced the award of a sizeable contract to Subsea 7 by Pharaonic Petroleum Company S.A.E. 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 8 kilometres of umbilicals and pipeline. The field development will be at depths of approximately 80 – 90 metres.
Fabrication of spools will be carried out at Petrojet’s yard in Egypt. Offshore installation is scheduled to commence in the Q4 2015 using the Subsea 7 vessels Rockwater 2 and Seven Borealis.