Global Projects Center News

Subsea 7 Secures Contract Offshore Egypt

Offshore services provider Subsea 7 S.A. announced today it has been awarded a contract from Burullus Gas Company S.A.E. for the platform extension and tie-in on the first phase of the West Nile Delta development of the Taurus and Libra fields by BP, offshore Egypt. Subsea 7 did not specify a precise contract value, but called the award “sizable” in the range of $50 million to $150 million. Subsea 7 said engineering and project management work will commence immediately and will be undertaken at its Cairo office and Global Projects Center in London.