Saipem has landed a flurry of contract work, totaling Eur1.5billion.
Work includes a deal for the “supergiant” Zohr gas field, located off the Egyptian coast in the Mediterranean sea.
Petrobel awarded Saipem an Engineering, Procurement, Construction & Installation (EPCI) contract for the accelerated start-up of the development project for the Zohr Gas Field.
Chief executive Stefano Cao said: “We are very pleased to have been selected for the important objective of delivering first gas from Zohr before the end of 2017.
“We will mobilize a fleet of vessels with last-generation capabilities, and leverage on our proven expertise and consolidated presence in the area, in order to ensure our clients achieve their targets.”
The Zohr gas field was discovered by Eni in August 2015, using the drillship Saipem 10000.