Egypt: Oceaneering contract for WDDM
Saipem has given Oceaneering International a contract to supply umbilicals for theWest Delta Deep Marine Phase 9a development in the Mediterranean. TheWest Delta Deep Marine Block is operated by the Burullus Gas Company joint venture of Egyptian General Petroleum Corporation, BG and Petronas, which gave Saipem a contract for subsea developments in June 2011. Deep-water development Phase 8b began gas production in June 2012. The Oceaneering order consists of ten subsea production control umbilicals totalling 84km in length and two electrical power cables totalling 55km in length. Manufacturing will take place at Oceaneering’s facility in Rosyth, Scotland, and is expected to start in Q2 13 and be completed in Q3 14.
Egypt: Ganope extends bid round deadline
Ganoub al-Wadi Petroleum Holding Company (Ganope) has put back the deadline for its licensing round to 30 June from 30 May. Of the 20 blocks on offer, 11 are in in the Western Desert, two in the Eastern Desert, two in the Red Sea and five in the Gulf of Suez. The Ministry of Petroleum aims to have three bid rounds per year: one each for Egyptian General Petroleum Corporation, Egyptian Natural Gas Holding Company and Ganope, but uncertainty following the country’s political upheavals has recently led to delays in the process.