Subsea 7 Secures BP Alexandria Field Contract

February 28, 2016 - Subsea 7 S.A. has been awarded a contract by BP and partner Deutsche Erdoel A.G. for the development of the Giza, Fayoum and Raven subsea fields offshore Alexandria, Egypt. The project is the second phase of the West Nile Delta project, where field development will be at depths of up to about 800 meters. The contract includes engineering, procurement, installation and pre-commissioning of the subsea infrastructure from 12 wells, with 80 kilometers of umbilicals and 220 kilometers of pipelines. It also includes the installation of the export lines from the subsea location to the Idku terminal. The first stage of offshore installation, starting in 2017, will include the landfall and shallow water pipelay, and the second stage, commencing in 2018, will involve the installation of deepwater pipelines. Subsea 7 vessels Seven Borealis and Seven Antares will be used for the pipelay, with the heavy construction vessel, Normand Oceanic, being used for other construction activities.