Subsea 7 has announced the award of a sizeable(1) contract offshore Egypt.
Subsea7 will be responsible for the engineering, procurement, commissioning and installation of flexible pipelines, umbilicals, and associated subsea components for a tie back to existing infrastructures.
Project management and engineering work will begin immediately at Subsea7’s offices in France, Portugal, and Egypt. Offshore activity is expected to start in 2026.
David Bertin, Subsea7’s Senior Vice President GPC East, said: '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.'
(1) Subsea7 defines a sizeable contract as being between $50 million and $150 million
Source: Subsea 7
