OneSubsea nets order from BP (Egypt)
- Business & Finance
OneSubsea, a Cameron and Schlumberger company, has been awarded a multi-million dollar contract to supply subsea systems for the BP West Nile Delta Taurus Libra development offshore Egypt.
The subsea systems scope of supply includes 10 large bore gas trees and related subsea equipment. First deliveries are expected in Q1 2016. The Taurus Libra field is the first development in the West Nile Delta area and is being tied back to the existing West Delta Deep development.
OneSubsea Chief Executive Office Mike Garding said, “This project is being executed on a fast track schedule, utilizing the standardized BP horizontal gas tree and control system that we jointly developed. OneSubsea has a long history of supplying subsea systems to Egypt and we look forward to continuing this success.”