Saipem has been awarded new contracts and variation orders in E&C offshore, for an overall amount in excess of EUR 1.5B. The most significant contract relates to the Field Development Project for the “supergiant” Zohr gas field, located off the Egyptian coast in the Mediterranean sea.
Petrobel has awarded Saipem an EPCI contract for the accelerated start-up of the development project for the Zohr Gas Field. Petrobel, a joint venture between Eni and EGPC (Egyptian General Petroleum Corporation) is in charge of the development of Zohr on behalf of PetroShorouk, a joint venture between EGAS (Egyptian Natural Gas Holding Company) and Eni.
The scope of work of the contract encompasses the installation of a 26-inch gas export trunkline and 14-inch and 8-inch service trunklines, as well as EPCI work for the field development in deep water (up to 1700 metres) of 6 wells and the installation of the umbilical system. Work will start in July 2016 and is due to be completed by the end of 2017.
