French firm clinches Ôé¼65 million contract


French construction firm Technip has won a Ôé¼65 million contract for an offshore project in Egypt.

The Paris-based construction firm has won the contract from Burullus Gas Co. for the seventh stage of development at the West Delta Deep Marine (WDDM) concession.
The concession is located 95 kilometres offshore Egypt in the Mediterranean Sea, around 110 kilometres north-east of Alexandria.
The project, which is designed to maintain overall plateau production, will cover delivery of the tie-in structure between a new gas export pipeline and two existing pipelines, including ÔÇÿhot tap tie-insÔÇÖ, which will allow the work to be carried out without stopping the ongoing production.
The work is scheduled to be carried out in the fourth quarter of 2010 using the Wellservicer, a vessel from TechnipÔÇÖs fleet.
The project will be co-ordinated from TechnipÔÇÖs operating centre in Oslo, Norway, with assistance from the groupÔÇÖs team in Cairo, Egypt.
Burullus is held 50 per cent by Egyptian General Petroleum Corp. and 25 per cent by each of BG Group and Petronas.
Technip employes 23,000 people in 46 countries around the world.
Located in water depths between 150 metres to 1,600 metres, the WDDM concession, in the Egyptian deepwater Nile Delta, was awarded to BG and Edison in 1995.
Burullus Gas Company is a joint venture formed in 1999 by BG, Egyptian General Petroleum Corporation (EGPC) and Petronas to undertake exploration and development of the WDDM area, which is Egypt's first deepwater development.
WDDM produces gas for both domestic consumption and to feed the country's growing liquefied natural gas (LNG) industry.
The site first exported gas to France in mid-2005 following processing at an LNG plant built by a consortium comprised of EGPC, the Egyptian Natural Gas Holding Company, BG, Edison and Gaz de France.
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