LNG

July 28 (LNGJ) - Italian energy engineering company Saipem, a specialist in the subsea sector and offshore field development, has finalized an agreement for the “optimised ramp-up” phase of the giant Zohr gas field in Egyptian waters of the East Mediterranean. The contract is with Petrobel, a subsidiary in Egypt of Italian energy company Eni, the licence holder, and Egyptian General Petroleum Corp.  Saipem said that to meet the contract requirements it will deploy several vessels from its specialised fleet, including the “Castorone”, a deep water pipe-layer, and the “Saipem 3000”, a subsea construction vessel.  “We are pleased that our activities in the development of the Zohr field are in line with the challenging schedule set by the client,” said Stefano Cao, Saipem Chief Executive.