Saipem and Petrobel have negotiated an offshore contract addendum worth more than US$1.2 billion for engineering, procurement, construction and installation (EPCI) activities for the Eni-operated Zohr Field development in the Mediterranean Sea offshore Egypt, according to a news release.
The work includes the installation of a second 30-in, diameter gas export pipeline, infield clad lines, umbilicals and electrical/fiber optic cable as well as EPCI work for the 10-well, deepwater field development, Saipem said in the release.
The company said it plans to deploy highly specialized vessels including the Castorone, the latest generation of ultra-deep water pipelayer; the FDS, a subsea field development ship; the heavy lift vessel S7000; the DP3 subsea construction vessel Normand Maximus; the subsea construction vessel Saipem 3000; the pipelay vessel Castoro Sei and the multipurpose Normand Cutter and Far Samson vessels.
The work is part of the project’s Ramp Up to Plateau phase, which is scheduled to begin in January 2019.
Petrobel is a 50-50 joint venture between Egyptian General Petroleum Corp. and Eni subsidiary IEOC and is in charge of the development of Zohr on behalf of PetroShorouk, a joint venture between (Egyptian Natural Gas Holding Co. and IEOC, Rosneft, BP and Mubadala Petroleum.