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Africa Oil & Gas: Saipem awarded LOI for new Zohr field contract in Egypt
Saipem and Petrobel have negotiated an offshore contract addendum worth more than 1.2 billion USD for Engineering, Procurement, Construction and Installation (EPCI) activities in relation to the ‘Ramp Up to Plateau’ phase of the ‘supergiant’ Zohr Field Development Project situated in the Mediterranean Sea off the Egyptian coast.
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