OneSubsea wins Egypt deal

Pharaonic Petroleum Company (PhPC) awareded OneSubsea an US$80 million subsea supply contract for the East Nile Delta END-3 development offshore Egypt.

The contract calls for the supply of four well systems including subsea production equipment, wet gas flow meters, HIPPS and installation and operational spares. This is an expansion of the Taurt development to which OneSubsea supplied equipment in 2006.

The development is located approximately 43mi. (70km) offshore Egypt. This field was the first to utilize the OneSubsea broadband communication system, which provides high speed fiber-optic communication for long step outs.

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