Belayim Petroleum Co. (Petrobel) has let a contract worth more than $170 million to OneSubsea covering subsea production systems for the first phase of development of deepwater Zohr natural gas field off Egypt.
The contract includes six proprietary horizontal subsea trees, intervention and workover control systems, landing string, tie-in, high-integrity pressure protection system, topside and subsea controls and distribution, water-detection and salinity monitoring, and installation and commissioning services.
Petrobel, a joint venture of wholly owned Eni SPA subsidiary IEOC Production BV and Egyptian General Petroleum Corp., is conducting operations on the Shorouk Block on which Eni, the operator, made the Zohr discovery last year.
Eni recently said development of the carbonate reservoir, which lies in 4,800 ft of water and holds an estimated 30 tcf of natural gas in place, will involve 20 wells and a control platform in 330 ft of water, making use of existing infrastructure. Pipelines will carry gas from the field to onshore processing plants (OGJ Online, Apr. 28, 2016).
Eni expects production to start in the fourth quarter of 2017 and reach a plateau rate of 2.7 bcfd. The company expects capital expenditure related to its 100% working interest of as much as €12 billion.
OneSea said its project will involve the world’s second-longest step-out of more than 93 miles.