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Oil & Gas

Schneider Electric wins €7 million contract for Zohr control systems

Posted: March 26, 2018 at 9:03 pm   /   by   /   comments (0)

Schneider Electric LogoSchneider Electric won a €7 million contract to supply state-owned Belayim Petroleum (Petrobel) with control systems for the Zohr gas field,company sources tell Al Borsa. Schneider is expected to complete installation work by December this year and is “weeks away” from signing a €25 million contract with Petrobel that will see it supply electrical equipment for the development of phase two of the East-Med gas field. Schneider Electric’s Energy VP Khaled Kamel says the company has already supplied phase one of the gas field with €60 million-worth of equipment for the wells.

(Source: Enterprise.press)

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