Subsea 7 secures sizeable subsea contract for Egyptian tie-back

The Luxembourg-based group will handle engineering, procurement, commissioning and installation of flexible pipelines and umbilicals to link a new field to Egypt’s existing offshore infrastructure, with offshore work scheduled for 2026.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Subsea 7 S.A. said on July 4 that it had won a contract described as “sizeable” for a subsea tie-back project in Egypt. The award covers engineering, procurement, commissioning and installation of flexible pipelines, umbilicals and associated structures to an existing production platform. The group classifies a “sizeable” award within a range of USD50mn to USD150mn. The operator’s identity and the field’s exact location were not disclosed.

Initial engineering work spread across three countries
Project management and design teams are mobilising immediately at Subsea 7 offices in France, Portugal and Egypt. Detailed studies include sizing of production lines, control umbilicals and connection structures, as well as planning for installation and pre-commissioning operations. The company notes that its early involvement helped optimise the layout and shorten the future offshore campaign. Fabrication of critical components is expected to begin in late 2025.

The schedule calls for an installation window in 2026, aligned with a planned maintenance period at the host hub to limit production shutdown. Subsea 7 will deploy one of its flexible-lay vessels, with final selection depending on detailed installation analysis. Egyptian contractors will provide marine logistics support and local fabrication capacity in line with national content requirements.

Regional context and development outlook
The Egyptian Ministry of Petroleum and Mineral Resources aims for several rapid start-ups to secure liquefied natural gas exports before 2027. Eight subsea developments are listed in the national roadmap, and the award to Subsea 7 ranks among the first to advance. Regional analysts foresee up to ten further tenders for similar tie-backs within eighteen months. The strategy favours flexible infrastructure to accelerate monetisation of discoveries.

David Bertin, Senior Vice President GPC East at Subsea 7, said that “early engagement shaped a shared vision and enabled efficient solutions”. He added that the company “will support its client in safely executing a strategic project for Egypt”. Subsea 7’s order book stood at USD8.9bn at the end of March, and the new award strengthens visibility for fleet utilisation into 2026.

Algeria has removed Rachid Hachichi from the leadership of Sonatrach, two years after his appointment, replacing him with Noureddine Daoudi, former head of the National Agency for the Valorisation of Hydrocarbon Resources.
Portugal’s Galp Energia reported an adjusted net profit of €407 million in Q3, driven by higher refining margins and strong contribution from liquefied natural gas.
Air Liquide signs agreement to acquire NovaAir, strengthening its presence in India’s industrial gas market by expanding its national footprint.
Voltalia's Q3 2025 revenue rises to €164.7mn, fuelled by a sharp increase in services activity, while energy sales decline due to currency effects and lower prices.
Altano Energy secured €81mn ($85.7mn) to construct two onshore wind farms and three photovoltaic plants in southern Spain, reinforcing its multi-technology generation strategy.
Baker Hughes recorded a 23% increase in orders in Q3 2025, driven by its gas segment, while net income fell 20% year-on-year to $609mn.
Colombian company Ecopetrol has secured authorisation to borrow COP700 000 million ($171mn) from Banco Davivienda to bolster its liquidity over a five-year period.
Eni's net profit rose to €803mn in the third quarter, supported by a 6% increase in production despite falling crude prices.
French group Vinci posted revenue growth in the third quarter, supported by all its divisions, and reaffirmed its ambitions for 2025 despite a more restrictive tax environment.
T1 Energy secured $72mn via a direct offering of over 22 million common shares, aiming to strengthen its cash position and fund energy technology and infrastructure projects.
The American university unveils a new institute focused on the future of energy, funded by a $50mn gift from Robert Zorich, managing partner of EnCap Investments, to support applied research and training of new experts.
Sintana Energy has initiated legal proceedings in the Isle of Man to secure approval for its all-share acquisition of Challenger Energy, with support from over one-third of the target company’s shareholders.
EDF has selected Intesa Sanpaolo and Lazard to explore strategic options for Edison, its Italian subsidiary, as part of a broader asset review under its new chief executive officer.
TotalEnergies has signed an agreement to sell its subsidiary GreenFlex to engineering group Oteis, marking a step in its strategy to concentrate on energy production and supply.
VoltaGrid and Halliburton launch a strategic collaboration to deploy distributed power systems for data centres, with an initial rollout planned in the Middle East.
Japan's power futures market is poised for rapid expansion, backed by a government reform requiring supply contracts up to three years in advance.
PermRock Royalty Trust announces a $384,018 distribution to its unitholders, supported by higher production volumes despite a significant drop in oil prices and increased operating expenses.
The acquisition of U.S.-based ERG Environmental enables Arcwood to expand its footprint in the Great Lakes region and broaden its services to industrial and municipal sectors.
Energy services provider SLB saw its net income fall by 38% year on year in Q3 2025, even as the integration of ChampionX helped lift revenue by 4% sequentially.
EDF confirms it is exploring capital openings and calls for strict investment prioritisation, facing €54.3bn ($57.5bn) in debt and massive funding needs by 2040.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.