CTC to install umbilical offshore Egypt

CTC Marine Projects Ltd has received a letter of intent from AGIBA Petroleum Co. for the installation of a 10 km (6 mi) umbilical cable to connect an offshore wellhead to shore.

Offshore staff

DARLINGTON, U.K.-- CTC Marine Projects Ltd has received a letter of intent from AGIBA Petroleum Co. for the installation of a 10 km (6 mi) umbilical cable to connect an offshore wellhead to shore.

The £5 million ($9.85 million) project is at AGIBA's West Ashrafi facility in Egypt. The installation is scheduled to take place between November 2007 and January 2008.

6/14/07

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