Technip wins $95m Egyptian oil deal

10 December 2009

Contract covers offshore field development

The Burullus Gas Company has awarded French contractor Technip a $95m construction contract to maintain plateau production on its West Delta Deep Marine concession in the Mediterranean.

According to Technip, the engineering, procurement, construction and installation deal covers phase seven of the project, 95 kilometres off Egypt’s coast.

Work covers the construction and delivery of a tie-in structure between a new gas export pipeline and two existing pipelines. This allows the work to be carried out without stopping ongoing production.

Technip expects to complete the offshore installation project in the fourth quarter of 2010.

Burullus is a joint venture between the state-run Egyptian General Petroleum Corporation with a 50 per cent share and the UK’s BG Group and Malaysia’s Petronas which each own a 25 per cent stake.

A MEED Subscription...

Subscribe or upgrade your current package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications