Oslo-listed offshore contractor Subsea7 has bagged a sizeable engineering, procurement, commissioning, and installation (EPCI) deal for a subsea development offshore Egypt.
The project, valued by Subsea7 as between $50m and $150m, involves the installation of flexible pipelines, umbilicals, and associated subsea infrastructure to support a tie-back to existing offshore facilities.
The company said that engineering and project management activities will start immediately across its operational centres in France, Portugal, and Egypt, with offshore execution slated for 2026.
No further details were disclosed, but David Bertin, Subsea7’s senior vice president for GPC East, emphasised the benefits of early engagement and alignment with the client in achieving efficient project solutions.
“Our early engagement has been instrumental in shaping a shared vision and delivering innovative, efficient solutions. This award is a testament to the strength of our collaboration, our proven track record, and our commitment to safe, high-quality execution. We are pleased to be able to support our client in enabling and executing such a strategically important project in Egypt,” Bertin stated.
