EGL transports SAIPEM cargo to Zohr - BREAK BULK

FEBRUARY 22, 2017

Heavy transport firm Egyptian Global Logistics has delivered outsized components for the Zohr gas project via the port of Alexandria on the West Verge of the Nile Delta.

The firm transported cargo weighing up to 40 tonnes and measuring up to 28 meters in length for EPC contractor Saipem’s operations in the Zohr gas field. The offshore gas field is located 120 miles north east of Port Said in Egypt.

The team from EGL handled logistics for the project, initially discharging from a gearless vessel at Alexandria Port before trucking to a storage area for reloading at the Saipem’s base at Abu Qir Port.

Lebanon's hydrocarbon bonanza just out of reach - BREAK BULK

November 11, 2016
By Mark Willis

Following the precipitous collapse in global energy markets over the last three years, an increasing volume of high cost hydrocarbon exploration projects once considered economically viable have been scaled down, put on hold, or canceled altogether.

Exploration projects requiring a breakeven point in excess of current oil and gas prices that have already succumbed to cost cutting among international oil companies include the Canadian oil sands, offshore drilling in the North Sea and Gulf of Mexico, and development of deep sea hydrocarbon reserves in the Arctic and West Africa.