Offshore Shipping Online

A publication for the offshore shipping industry published by Clarkson Research

  • Offshore Intelligence Monthly
  • Menu

    Saipem finalizes scope of Zohr contract

    Contracts, Tenders and Rates // July 28, 2017

    Saipem and Petrobel have finalized contract variations worth US$900 million for engineering, procurement, construction and installation activity related to the 'optimised ramp up' phase of the Zohr field development project off the coast of Egypt.

    Petrobel is a joint venture between IEOC (an Eni subsidiary in Egypt) and EGPC (Egyptian General Petroleum Corporation) and is responsible for the development of Zohr on behalf of PetroShorouk, a joint venture between EGAS (Egyptian Natural Gas Holding Company) and IEOC.

    The current variations to the scope of work include the installation of a 30in diameter gas export pipeline and an 8in diameter service pipeline, as well as EPCI work for the field development in deep water (of up to 1,700m) of four wells and the installation of umbilicals.

    Work will commence in July 2017 and is due to be completed by the end of 2018.

    In order to meet the requirements set by the client, Saipem will deploy several vessels including Castorone, an ultra-deep water pipelayer; the subsea field development vessel Saipem FDS2Saipem 3000, a subsea construction vessel; Castoro 6, a semi-submersible pipelay unit; and the trenching barge Castoro 10.


     

    More articles from this category

    More news