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TechnipFMC (FTI) Wins Subsea Tie-back Contract in Offshore Egypt

TechnipFMC (FTI) Wins Subsea Tie-back Contract in Offshore Egypt
Zacks.com
2/22/2021
TechnipFMC Plc FTI acquired a major integrated Engineering Procurement Construction and Installation (iEPCI) contract from AbuQir Petroleum for a subsea tie-back on the North El Amriya and North Idku (NEA/NI) concession off the Egyptian coast.
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Notably, AbuQir Petroleum is a joint venture between upstream company Energean Plc and Egyptian General Petroleum Corporation, which is engaged in crude oil exploration, refining and storage.
The NEA and NI concessions are fully owned by Energean and are managed by separate joint venture companies. However, they both fall under the overall management of Abu Qir Petroleum. The NEA concession, operated by Petroamriya JV, involves two discovered and assessed gas fields Yazzi and Python while the Nipetco JV-operated NI concession includes four discovered gas fields, wherein one gas field is prepared for developm ....

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- Energean and EGPC JV partners award...

Energean and EGPC JV partners award NEA/NI iEPCI contract to TechnipFMC
édité le 18/02/2021 - Plus de news de Energean - Voir la fiche entreprise de Energean
Energean plc,the gas producer focused on the Mediterranean, is pleased to announce that AbuQir Petroleum, a Joint Venture between Energean and EGPC, has signed an integrated EPCI iEPCI contract to global offshore services provider TechnipFMC (Paris: FTI) (NYSE: FTI) for a subsea tie-back located offshore Egypt. The contract covers the Engineering, Procurement, Construction, and Installation of four subsea wells as well as the subsea tie-back to the existing AbuQir Petroleum infrastructure and processing plant. ....

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Energean Awards Egyptian Subsea Contracts

Energean Awards Egyptian Subsea Contracts
Feb 17, 2021 12:55:pm
Summary
by: William Powell
AbuQir Petroleum, the Energean-Egyptian state joint venture (JV) looking for offshore gas, has awarded TechnipFMC the contract for a subsea tie-back, it said February 17. The c.
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Egypt: Energean and EGPC JV partners award NEA/NI iEPCI contract to TechnipFMC

Egypt: Energean and EGPC JV partners award NEA/NI iEPCI contract to TechnipFMC
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