Baker Hughes wins subsea contract in Mediterranean Sea
GE company Baker Hughes (BHGE) has received a major subsea contract from Petrobel under phase two of the Zohr gasfield development in the Mediterranean Sea off the Egyptian coast.
Petrobel is a joint venture between Eni's Egypt subsidiary IEOC and Egyptian General Petroleum Corporation (EGPC). The JV is in charge of Zohr field development on behalf of PetroSherouk, which is a joint venture between Egyptian Natural Gas Holding Company (EGAS) and IEOC.
The contract was signed in the presence of Egypt’s Minister of Petroleum and Mineral Resources Tarek El-Molla.
Under the contract, BHGE will be responsible for project management, engineering procurement, fabrication, construction, testing and transportation of a subsea production system.
The company will also carry out the installation, commissioning and start-up operations of the project.
Minister Tarek El-Molla said: "Maximising domestic energy resources and optimising reliability of their supplies are core elements of Egypt’s vision.
"We are able to increase the value and efficiency of the sector by driving a sustainable and energy-efficient economy through the ministry’s modernisation programme in partnership with companies such as BHGE.
"The Zohr gasfield is playing a major role in the development of Egypt’s domestic energy resources, revenue generation and economic growth."
In carrying out this project, BHGE will leverage on its experience in large bore, long offset gasfields and will u se an integrated HIPPS system. In addition, it will deliver ten e-EHXT trees, built at its subsea centre of excellence in Aberdeen, Scotland, in collaboration with Eni.
BHGE is also scheduled to deliver wellheads under a separate contract awarded by Petrobel earlier this year.