Kvaerner secures $30 million subsea project

Published January 17th, 2001 - 02:00 GMT

Kvaerner received a letter of award worth about $30 million from Burullus Gas Company of Egypt for the engineering, manufacture, testing and delivery of a deepwater subsea production system for the Scarab/Saffron Development Project, which forms part of the eastern Mediterranean's West Delta Deep Marine Concession.  

 

The Egyptian Deepwater Development Consortium, a venture of Kvaerner Oilfield Products and Cooper Cameron, will undertake the project.  

 

The project team will be headquartered at Kvaerner's office in London. The fields will be tied-back a distance of 55 miles/ 88 km.  

 

The scope of work encompasses project management, engineering and the supply of manifolds, christmas trees, wellheads, controls, connection systems, intervention equipment, integration testing and installation support. 

 

A total of eight wells will be drilled initially, providing gas for the Egyptian National Gas Transmission System. 

 

Further expansion may be undertaken later. Burullus Gas Company is a joint venture of BG International, Edison and Egyptian General Petroleum Co.  

(oilonline)  

 

© 2001 Mena Report (www.menareport.com)

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