Norway's Aker Solutions won a contract to deliver its longest ever umbilical system at the Zohr offshore gas field in the Egyptian part of the Mediterranean Sea, the company announced on Monday.
Aker said that the agreement with Petrobel in Egypt is worth more than 1 billion Norwegian Krone ($122 million) and will be booked in the second quarter of 2016.
It stipulates the delivery of 180 kilometers of steel tube umbilicals that will connect the Zohr subsea development to an offshore control platform.
Petrobel, the joint venture between Egyptian General Petroleum Corporation (EGPC) and Eni, is responsible for the development and operations at the Zohr field.
'Aker Solutions is building on its previous experience offshore Egypt to now deliver its largest-ever umbilical project,' said Luis Araujo, chief executive officer of Aker Solutions.
'We are very pleased to support Petrobel and Egypt on this important development,' he added.
The work will be led by Aker Solutions' subsea division in Oslo and manufacturing will start immediately at the umbilical plant in Moss, Norway.
The Zohr field, the largest gas discovery ever made in Egypt and in the Mediterranean Sea, represents one of the world’s largest natural-gas finds with a potential capacity of 850 billion cubic meters.
By Murat Temizer
Anadolu Agency
murat.temizer@aa.com.tr