On Friday, 4 July 2025, Subsea7 announced it has been awarded a sizeable offshore contract in Egypt. The contract involves the engineering, procurement, commissioning, and installation (EPCI) of flexible pipelines, umbilicals, and other subsea components. These will connect new wells to existing offshore infrastructure through a tie-back system.
Subsea7 did not disclose the exact value of the contract but categorised it as "sizeable," typically meaning it falls between US$50mn and US$150mn.The project aims to support ongoing oil and gas developments offshore Egypt. Subsea7 will carry out project management and engineering from its offices in France, Portugal, and Egypt. These activities will begin immediately.
Offshore installation work is scheduled to begin in 2026. The project is expected to improve connectivity and efficiency in Egypt’s offshore energy sector. This contract adds to Subsea7’s portfolio of offshore work and strengthens its position in the Eastern Mediterranean region. The company continues to play a key role in delivering complex subsea infrastructure for global energy projects.
Subsea7 is known for its experience in subsea engineering and has successfully executed similar projects worldwide. This new contract highlights its ongoing relationship with operators in the Middle East and North Africa.The announcement reflects continued investment in offshore energy developments in Egypt, as the country seeks to increase production and improve infrastructure in its oil and gas sector.
Overall, the award marks another important step in Subsea7’s global operations and regional presence. David Bertin, Subsea7’s Senior Vice President GPC East, said: “Our early engagement has been instrumental in shaping a shared vision and delivering innovative, efficient solutions. This award is a testament to the strength of our collaboration, our proven track record, and our commitment to safe, high-quality execution. We are pleased to be able to support our client in enabling and executing such a strategically important project in Egypt.”
