Aker Wins Zohr Umbilicals Contract

Aker Solutions announced Monday that it has won a contract to deliver its longest-ever umbilicals system at the Zohr offshore gas field in the Egyptian part of the Mediterranean Sea.

The agreement with Petrobel is worth more than NOK 1 billion ($122 million) and will be booked in the second quarter. It stipulates the delivery of 111 miles of steel tube umbilicals, by mid-April 2017, that will connect the Zohr subsea development to an offshore control platform. Petrobel, a joint venture between The Egyptian General Petroleum Corporation (EGPC) and Eni, is responsible for the development and operations at Zohr.

"Aker Solutions is building on its previous experience offshore Egypt to now deliver its largest-ever umbilicals project," said Luis Araujo, chief executive officer of Aker Solutions, in a company statement.

"We are very pleased to support Petrobel and Egypt on this important development,” he added.


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