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Tag: Saipem

Saipem lands $1.2 billion Zohr EPCI contract from Petrobel

Posted: December 20, 2018 at 6:18 pm   /   Oil & Gas

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 […]

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Saipem Zohr

Saipem, PMS secure Zohr gas field operational life contract

Posted: July 3, 2018 at 10:18 pm   /   Oil & Gas

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, […]

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Fugro survey vessel joins fleet to begin Zohr field work

Posted: November 14, 2017 at 3:29 pm   /   Oil & Gas

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 […]

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Egypt's Petrobel achieves 30% increase over target in gas production

Posted: August 23, 2017 at 11:21 am   /   Oil & Gas

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 […]

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Eni’s CEO discusses Zohr gas field development with Egyptian PM

Posted: August 2, 2017 at 2:12 pm   /   Oil & Gas

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 […]

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Saipem awarded $900 million offshore EPCI contract for Zohr Ramp Up Phase

Posted: July 27, 2017 at 8:52 pm   /   Oil & Gas

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 […]

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EGL & KADMAR make its mark on Zohr, the biggest Mediterranean gas discovery

Posted: June 21, 2017 at 4:24 pm   /   Oil & Gas

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 […]

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UTEC AUVs to provide trenching services at Zohr offshore Egypt

Posted: June 9, 2017 at 8:04 pm   /   Oil & Gas

UTEC AUVs to undertake trenching duty at Zohr. UTEC will provide subsea service support to Saipem for Eni’s deepwater Zohr gas field development in the Egyptian sector of the Mediterranean Sea. The contractor will perform surface positioning on-board the Saipem-operated barges, Bautino and Castoro 10, and associated anchor handling vehicles. It will also provide trenching […]

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Saipem awards UTEC AUV Services contract for Zohr Project

Posted: June 8, 2017 at 8:22 pm   /   Oil & Gas

UTEC has been awarded a contract with Saipem to support its operations as part of the Zohr field development project. The survey company in subsea services group Acteon will bring its experience in autonomous underwater vehicles (AUVs) to the project, which is expected to be one of the biggest gas field discoveries in the Mediterranean […]

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Minister of Petroleum follows up on development of Zohr field

Posted: December 18, 2016 at 7:24 pm   /   Oil & Gas

Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla, met with the Higher Committee, comprised of the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), Petrobel, and Italy’s Eni, to follow up on the development of the Zohr field project. EGAS Chairman Eng. Mohamed Al-Masry, EGPC Chairman Eng. Tarek El […]

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