Gulf Oil and Gas accountACCOUNT

722 Million USD for the Construction of 6 Offshore Rigs and Pipelines

Source: www.oilegypt.com 8/22/2006, Location: Middle East

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The Egyptian petroleum sector signed a contract with a total value of 722 million USD for the construction of 6 offshore rigs and a pipeline. A consortium of Egyptian companies including Enppi, Petrojet and Marine Petroleum services had won a bid for the design, supply and construction of 6 offshore rigs in El Khafgy oil fields North of the Arab Gulf.

The project scope includes the design and supply of offshore pipeline with a total length of 110 km and diameters of 28, 36 and 42. It also includes marine cables with total length of 8 km and 6 diameter. The project is expected to be completed during 30 months.

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