Saipem | Egypt Oil & Gas - Part 5

Kuwait Awards Saipem with $850 M Pipeline Contract

The Kuwait Oil Company (KOC) awarded a contract worth approximately $850 million to Saipem to construct a pipeline system for the new El Zour refinery, Egypt Oil & Gas reports. The pipeline will be used to transpo...

Saipem Awarded Zohr Contract

Belayim Petroleum Company (Petrobel) signed a $900-million contract with Saipem to execute the engineering, procurement, construction and installation (EPCI) activities for the Zohr field’s optimized-ramp-up pha...

Petrojet Completes Construction of Zohr Facility

The Petroleum Projects and Technical Consultations Company (Petrojet) completed the construction of deepwater subsea structures on the Zohr gas field one month ahead of schedule, reported Al Masry Al Youm. Petrojt rec...

UTEC Wins Contract at Zohr

Italian oilfield contractor Saipem has awarded UTEC, a global survey company in subsea services group Acteon, a contract to support Saipem’s operation for Egypt’s deepwater Zohr gas field development project in ...

Egypt’s Petrobel Extends Contract for Saipem’s Jack-Up Rig

The Egyptian company Petrobel has extended a contract for Saipem’s jack-up rig for work offshore in Egypt. The Company extended the contract for the Saipem-owned Perro Negro 4 jack-up drilling rig by two additional ye...

Saipem Installs Pipelayer Platform for Zohr

Saipem has fully installed its floating pipelayer platform Castoro Sei (Beaver Six) at the Cypriot Limassol Port for the next six months to start working on the Egyptian Zohr field in the Mediterranean Sea, according ...

Saipem Wins EPCI Contract to Develop Zohr

Italy’s offshore contractor Saipem has won an engineering, procurement, construction, and installation (EPCI) contract in the Zohr gas field in the Mediterranean Sea. The contract, that is worth more than $1.77b, stat...

El Molla Surveyed Wells Drilling in Zohr

Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, has surveyed Saipem 1000 maritime saw rig that drills into wells of Zohr field at a drilling distance of 4,100 meters, 200 km away from the coast of Po...

Italy’s Saipem to Work on Offshore Gas Pipeline

Italy’s Saipem has bagged an order to lay the subsea Trans Adriatic Pipeline (TAP) that will bring Azeri gas into Italy, the oil contractor said, Reuters reported. The company, jointly controlled by Italian oil ...

Saipem Cuts Jobs Amid Q2 Losses

Saipem SpA, Italy’s biggest oil and gas contractor, will cut jobs and exit businesses as writedowns led to an unexpected loss and an earnings target reduction. The company, controlled by Italian oil producer Eni SpA, ...

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