Subsea7 Wins Offshore Egypt Contract for Pipeline, Umbilical Installation
(P&GJ) — Subsea7 has been awarded a contract offshore Egypt for the engineering, procurement, commissioning, and installation of flexible pipelines, umbilicals, and associated subsea components for a tie-back to existing infrastructure.
The company defines the contract as “sizeable,” with a value between $50 million and $150 million. Project management and engineering work will begin immediately at Subsea7’s offices in France, Portugal, and Egypt, with offshore activity scheduled to start in 2026.
“This award is a testament to the strength of our collaboration, our proven track record, and our commitment to safe, high-quality execution,” said David Bertin, Subsea7’s Senior Vice President GPC East. “We are pleased to support our client in enabling and executing such a strategically important project in Egypt.”
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