Subsea 7 on Thursday said it has been awarded a contract by Pharaonic Petroleum, a joint venture formed by BP and its partners in the Ras El Bar concession, for the Atoll field offshore Egypt.
The contract scope includes the engineering, procurement, construction and installation of more than 40 kilometers of rigid pipelines and associated structures for the new Atoll field, tying into the existing Taurt field at a water depth of 100 meters, Subsea 7 said in its statement.
A 105 kilometer umbilical will also be installed linking the Atoll field to shore.
In June this year, BP sanctioned the development of the Atoll Phase One project, an early production scheme to bring up to 300 million cubic feet a day gross of gas to the Egyptian market starting in the first half of 2018.
The Atoll discovery was made in March 2015 and contains an estimated 1.5 trillion cubic feet of gas and 31 million barrels of condensates.
Engineering and procurement services have already commenced.
Offshore campaigns will take place in the second half of 2017 and the early months of 2018, using the Subsea 7 vessels Seven Borealis, Seven Eagle, and Seven Arctic.
LNG World News Staff