Saipem completes all Zohr planning and development phases
Saipem oversaw the development of all phases of the Zohr project, from basic design to the installation of all necessary subsea pipelines transporting gas to ground handling facilities in Port Said. The Saipem project team oversaw the development of all phases of the Zohr project, from basic design to the installation of all necessary subsea […]
Saipem awarded contracts offshore Egypt, Guyana worth $1.2 billion
Saipem has been awarded new contracts in Guyana and Egypt for a total amount of approximately 1.2 billion USD. The first contract has been awarded by ExxonMobil Guyana, subject to government approvals, for the UARU oil field development project, located in the Stabroek block offshore Guyana at a water depth of around 2,000 meters. The contract […]
Saipem, Petrojet win contract for Egypt’s first polybutadiene plant
Saipem awarded Egypt’s first polybutadiene plant, in consortium with Petrojet, for an overall amount of approximately 150 million USD. Saipem, leading a consortium with Egypt-based Petrojet, has been awarded a contract by Egyptian Ethylene & Derivatives Co. (Ethydco) for the first polybutadiene-producing facility in Egypt, with an expected production capacity of 36,000 MT/Y. Saipem and […]
Saipem lands $1.2 billion Zohr EPCI contract from Petrobel
Saipem and Petrobel have negotiated an offshore contract addendum worth more than $1.2 billion for EPCI activities in relation to the “Ramp Up to Plateau” phase of the ‘supergiant’ Zohr field development project in the Mediterranean Sea off Egypt. The current addendum to the work includes the installation of a second 30-inch diameter gas export […]
Saipem, PMS secure Zohr gas field operational life contract
Saipem, in consortium with Petroleum Marine Services (PMS), has secured a contract for life of field operations in the framework of Petrobel’s Zohr deepwater field development located in the Mediterranean Sea, off Egypt. Petrobel, jointly held by Eni and the Egyptian General Petroleum Corporation (EGPC), is in charge of Zohr development, on behalf of Petroshorouk, […]
Fugro survey vessel joins fleet to begin Zohr field work
Fugro’s newly named MV Kobi Ruegg has joined the company’s vessel fleet and is set to begin her first project in the Egyptian sector of the Mediterranean Sea. Working on behalf of Saipem, Fugro will deploy its large diameter piston core system to collect soil samples in the Zohr gas field; geophysical surveys for Pico […]
Egypt's Petrobel achieves 30% increase over target in gas production
Company produces 75,000 crude oil barrels. Belayim Petroleum Company (Petrobel) has achieved a 30% increase over target in gas production in the current fiscal year. A source at the company told Daily News Egypt that the production increased to 1.6 billion cubic feet of gas per day. He pointed out that the company accounts for […]
Eni’s CEO discusses Zohr gas field development with Egyptian PM
CEO of Italy’s Eni Claudio Descalzi met with the Egyptian Prime Minister Sherif Ismail in Cairo discussing the future of the Zohr gas field and its impacts on the national energy economy. Eni CEO Claudio Descalzi outlined the development of Zohr is 80 percent complete less than two years after the discovery was made. With […]
Saipem awarded $900 million offshore EPCI contract for Zohr Ramp Up Phase
Saipem awarded offshore contract variations worth 900 million USD for the Optimised Ramp Up phase of the Zohr Field Development Project. Saipem and Petrobel have finalized offshore contract variations worth 900 million USD for Engineering, Procurement, Construction and Installation (EPCI) activities in relation to the “Optimised Ramp Up” phase of the “supergiant” Zohr Field Development […]
EGL & KADMAR make its mark on Zohr, the biggest Mediterranean gas discovery
Egyptian Global Logistics EGL subsidiary of KADMAR Group succeeded in handling the kick off for Egypt Mega Gas Project using the fleet of extendable trailers handling joint of 28 meters length & weighting 40 tons for Saipem project Zohr; the biggest gas discovery in Egyptian waters in the Mediterranean. EGL completed the port handling from […]
