Norways Aker Solutions has won a NKr1bn ($123m) contract to supply an umbilicals system for the Zohr offshore gas field development in Egypt.
The deal was awarded by Egypt-based Belayim Petroleum Company (Petrobel), a joint venture of state-owned Egyptian General Petroleum Corporation (EGPC) and Italys Eni, which are developing the field.
Under the agreement, Aker Solutions will deliver 180 kilometres of steel tube umbilicals that will connect the Zohr subsea development to an offshore contract platform.
The work will be led by Aker Solutions subsea division in Oslo and manufacturing will take place at the umbilicals plant in Moss, Norway. The system will be delivered by mid-April 2017.
Initial production at the Zohr field is expected to start at a rate of 270 million cubic feet a day (cf/d) of gas in 2017. This is expected to increase to 2.7 billion cf/d over the following two years.
The project is expected to require an investment of $12bn.