Italian subsea contractor finalizes Zohr Field Development Project with Petrobel.
Saipem and Petrobel have finalized offshore contract variations worth $900m for engineering, procurement, construction and installation (EPCI) activities in relation to the optimised ramp up phase of the Zohr Field Development Project situated in the Mediterranean Sea off the Egyptian coast.
The Italian offshore contractor said that current variations to the scope of work include the installation of a 30-inch diameter gas export pipeline and an 8-inch diameter service pipeline, as well as EPCI work for the field development of four deep water wells and the installation of umbilicals.
