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Petrojet wins Cronos work

Petrojet wins Cronos work

Petrojet has secured major work packages under the development of the Cronos gas field off the coast of Cyprus. These include fabricating deepwater structures weighing around 900 tonnes, valued at $11 million. Two additional packages are expected to bring the total volume of work to approximately 3,000 tonnes. The company has also signed an agreement to design, supply and install a 57-kilometre, 36-inch onshore pipeline connecting the field’s system to the facilities at the Zohr field and the Damietta LNG plant. The agreements for the project are worth a total of approximately $1.8 billion and aim to make use of Egypt’s infrastructure to process and export gas.

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