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Monday, 26 March 2018

Schneider Electric wins EUR 7 mn contract for Zohr control systems

Schneider Electric won a EUR 7 mn contract to supply state-owned Belayim Petroleum (Petrobel) with control systems for the Zohr gas field,company sources tell Al Borsa. Schneider is expected to complete installation work by December this year and is “weeks away” from signing a EUR 25 mn contract with Petrobel that will see it supply electrical equipment for the development of phase two of the East-Med gas field. Schneider Electric’s Energy VP Khaled Kamel says the company has already supplied phase one of the gas field with EUR 60 mn-worth of equipment for the wells.

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