New major offshore East Med project awarded to Corinth Pipeworks
Cenergy Holdings SA has announced that Corinth Pipeworks S.A., its steel pipe segment, signed an agreement to manufacture and supply steel pipes to Israel Natural Gas Lines (INGL), leader in natural gas distribution in Israel, for the offshore section of a new high-pressure gas pipeline between the cities of Ashdod and Ashkelon.
Chevron, having recently completed its acquisition of Noble Energy, as the operator of Leviathan and Tamar offshore gas fields, has entered into an agreement with INGL for the provision of transmission services of natural gas.
The new pipeline system, in addition to the expansion of other lines, will enable Chevron and its partners to send as much as 7 billion m3 of gas annually to Egypt.
Corinth Pipework’s contract for approximately 50 km of 36 in. LSAW linepipe also includes anticorrosion coating and concrete weight coating, all of which will be manufactured at Thisvi facility in Greece within 2021. The installation of the pipeline is scheduled to start in 2022. This award is another significant milestone in Corinth Pipeworks’ offshore presence in the South East Mediterranean region, after the successful completion of Leviathan gas and Karish deep-water pipelines.
(Source: World Pipelines)