OneSubsea Awarded Contract for East Nile Delta, Egypt
OneSubsea™ has been awarded a contract of more than $80 million from Pharaonic Petroleum Company (PhPC) to supply subsea equipment for the East Nile Delta END-3 development offshore Egypt.
The scope of supply for the four well systems includes subsea production equipment, wet gas flow meters, HIPPS and installation and operational spares. This is an expansion of the Taurt development to which OneSubsea supplied equipment in 2006.
The development is located approximately 43 mi (70 km) offshore Egypt. This field was the first to utilize the OneSubsea Broadband Communication System which provides high speed fiber-optic communication for long step outs.
OneSubsea CEO Scott Rowe said, “The Taurt development has been extremely successful and we look forward to being a part of this continuing success and furthering our relationship with PhPC.”
OneSubsea, a Cameron and Schlumberger Company, offers a step change in reservoir recovery for the subsea oil and gas industry through integration and optimization of the entire production system over the life of the field. Cameron, with its long history of innovation and firsts in the subsea market, is an industry leader in design capability, manufacturing excellence and successful installations. Schlumberger brings a deep understanding of the reservoir, and industry-leading well completions, subsea processing and integration platform. Through the integration of these strengths, OneSubsea offers best-in-class subsea solutions for its customers. For more information, visit www.onesubsea.com