Cairo – Mubasher: US-based Baker Hughes, A GE firm, (BHGE) has announced winning a subsea contract from Petrobel for works at the “super giant” Zohr Gas Field in Egypt.
Under the contract, BHGE will carry out project management and engineering procurement, as well as fabrication, construction, testing, and transportation of a subsea production system.
The company will also support the installation, commissioning, and start-up operations at the gas field.
Petrobel awarded the contract to BHGE on Friday, 9 September, Baker Hughes said in a statement, highlighting that the deal will contribute to “the development of Egypt’s domestic energy resources and industrial growth.”
“Maximising domestic energy resources and optimising reliability of their supplies are core elements of Egypt’s vision,” Tarek El-Molla, Egypt’s minister of petroleum and mineral resources said.
Meanwhile, BHGE president and CEO Lorenzo Simonelli commented that the project “has the potential to meet Egypt’s growing gas demand and save the country billions of dollars that would otherwise be spent on importing gas.”
“Together with our partners, BHGE can support Egypt’s needs and vision for the energy sector and demonstrate its leadership in the subsea space,” BHGE’s top official added.
On the same note, Petrobel chairman and managing director Atef Hassan noted that his company’s partnership with BHGE on the Zohr Gas Field project “demonstrates the growing need for long-term service and equipment providers that complement our efforts in driving optimised production.”
Petrobel is a joint venture (JV) between IEOC, an Eni subsidiary in Egypt, and the Egyptian General Petroleum Corporation (EGPC). It is in charge of the development of the Zohr Field on behalf of PetroSherouk, a JV between the Egyptian Natural Gas Holding Company (EGAS) and IEOC.
The subsea production system includes workover systems, tools, SemStar5 high integrity pressure protection systems (HIPPS), topside control systems, long offset subsea, tie-in systems, and seven manifolds, the statement showed.
The deal is globally supported by Egypt, Norway, Italy, and the UK.
